Understanding Regulation in America to the Mid-Twentieth Century
Hardback
Publication Date: 01/09/2005
Before OPEC took center stage, one state agency in Texas was widely believed to set oil prices for the world. The Texas Railroad Commission (TRC) evolved from its founding in 1891 to a multi-divisional regulatory commission that oversaw not only railroads but also a number of other industries central to the modern American economy: petroleum production, natural gas utilities, and motor carriers. William R. Childs's unprecedented study of the TRC from its founding until the mid-twentieth century focuses on the interplay between business and regulators, between state and national regulatory commissions, and among the three branches of government through a process of ""pragmatic federalism."" Childs demonstrates that the myth of TRC's power was devised by the agency itself as part of building a civil religion of Texas oil. Together, the myth and the civil religion enabled the TRC to convince Texas oil operators to follow production controls and thus stabilized the American oil industry by the 1940s. The result of this fascinating study is a more nuanced understanding of regulation in a federal system, the forces shaping it, and its outcomes.
- ISBN:
- 9781585444526
- 9781585444526
- Category:
- Railway transport industries
- Format:
- Hardback
- Publication Date:
- 01-09-2005
- Language:
- English
- Publisher:
- Texas A & M University Press
- Country of origin:
- United States
- Pages:
- 416
- Dimensions (mm):
- 229x152x31mm
- Weight:
- 0.67kg
Click 'Notify Me' to get an email alert when this item becomes available
Great!
Click on Save to My Library / Lists
Click on Save to My Library / Lists
Select the List you'd like to categorise as, or add your own
Here you can mark if you have read this book, reading it or want to read
Awesome! You added your first item into your Library
Great! The fun begins.
Click on My Library / My Lists and I will take you there
Click on My Library / My Lists and I will take you there
Reviews
Be the first to review The Texas Railroad Commission.
Share This Book: