Texas Railroad Commission Could Change Names

A Texas state commission could be getting a name change.

A senate committee heard testimony Monday on a bill which would change the name of the Texas Railroad Commission to The Texas Oil and Gas Commission.  The commission hasn't had authority over the railroad system since 2005.

The draft legislation would also consolidate the leadership from three commissioners to only one.  Supporters say the commission lacks uniformity and transparency under the direction of three different commissioners.

Opponents say the oil and gas industry has kept the Texas economy afloat and doesn't need unnecessary volatility.