John H. Reagan
Big Lake, Reagan County, Texas
Marker Inscription
As congressman, 1876-1887, sponsored bill creating Interstate Commerce Commission; resigned 1891 from United States Senate to head newly-formed Railroad Commission, modeled after I.C.C., and created to regulate shipping rates and practices. In his term, 1891-1903, railway transportation of petroleum became important in Texas, the Commission was given jurisdiction in 1917 over pipelines. This led to formation of the oil and gas division. The Legislature made the Commission responsible in 1919 for oil and gas conservation. Probation began in 1920s. Complete regulation came in the 1930s with 1,700,000-barrel-a-day production in East Texas. Commission policies were acclaimed when in World War II Texas was able to supply the allies with great stores of oil necessary for victory. The Commission's goal is to prevent waste and protect oil and gas reserves by orderly regulation of exploration, production and transportation. Such men as chairman Reagan have set high ethical standards that have continued in the Commission, causing it to merit the confidence of the people and of the petroleum industry. Commemorative series on Texas Railroad Commission. Erected in Cooperation with Abell-Hangar Foundation, 1966.
Erected by Texas Historical Commission
The Story
As a congressman in the 1870s and 1880s, John H. Reagan sponsored the bill that created the Interstate Commerce Commission, then resigned from the U.S. Senate in 1891 to lead the newly formed Texas Railroad Commission modeled on it. Charged first with regulating railway shipping rates, the Commission grew over the following decades to oversee pipelines, then oil and gas conservation — authority that let Texas discipline the enormous East Texas oil fields and, in World War II, keep the Allies supplied with fuel.
Why it matters
Reagan helped invent modern economic regulation in America, and the commission he founded became the model for governing the oil industry that would power the nation and its wars.
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Related people
- · John H. Reagan
Related events
- · Creation of the Interstate Commerce Commission
- · Founding of the Texas Railroad Commission
Themes & tags
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