While production tries to catch up to rising demand, the prices for Texas' most valuable commodities are jumping to levels not seen in years.
The Railroad Commission listened to over 10 hours of testimony and deliberation on placing a limit on oil production this week.
The Texas Railroad Commission will consider prorationing oil production, something that hasn't been done in almost a half-century.
The new "waters of the U.S." rule has been years in the making and will go into effect 60 days from its publication in the Federal Register.
A look back at what spurred the greatest energy decade in Texas history.
