TRC USES NEW GAS PRORATIONING RULES

The Texas Railroad Commission has set monthly gas allowables based for the first time on prorationing rules adopted in late April, apparently without increasing wellhead prices or capping demand as predicted by opponents of the new system. TRC commissioners allowed prorated Texas gas fields this month to meet market demand of about 299.3 bcf, almost 46 bcf more than statewide gas production in July 1991.

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