Mose Buchele is the Austin-based broadcast reporter for KUT's NPR partnership StateImpact Texas . He has been on staff at KUT 90.5 since 2009, covering local and state issues. Mose has also worked as a blogger on politics and an education reporter at his hometown paper in Western Massachusetts. He holds masters degrees in Latin American Studies and Journalism from UT Austin.
A controversial proposal to cut production aimed to stabilize prices amid a historic oil glut. But regulators and the industry were divided over the idea.
Texas regulators have not capped production since 1973, but some smaller producers want such a move to try and stave off bankruptcy. Oil demand and prices have crashed during the COVID-19 pandemic.