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How is it legal for them to regulate interstate commerce?
by tt433 6y ago
How is it legal for them to regulate interstate commerce?
- selimthegrim 6y agoTexas Railroad Commission has been around since before relevant federal statutes were passed
- wahern 6y agoProbably not. But especially in emergencies it's often better to ask for forgiveness than to ask for permission. (Also, domestic in-state political signaling.) Anyhow, the legal effect may be irrelevant if the gas producers wouldn't bother trying to export. I would imagine that producers are having trouble just delivering on their long-term, fixed-price contracts in Texas. The short-term prices might be so jacked up precisely because there's little to no surplus to export, period.