Free Republic

The U.S. oil industry is divided on whether it could or should contribute to production cuts in an effort to stabilize pricesThe virtual meeting between OPEC and its allies scheduled for Monday has been postponed, sources familiar with the matter told CNBC, amid mounting tensions between Saudi Arabia and Russia. The meeting will now “likely” be held on Thursday, sources said. The Monday meeting was set after President Donald Trump said to CNBC on Thursday that he expected Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman to announce a deal to cut production by up to 15...

Cruz Adds Texas Railroad Commissioner Ryan Sitton, Six Former Perry Supporters and Texas Business Leaders to Texas Leadership TeamHOUSTON, Texas – Today at his national campaign headquarters in Houston, presidential candidate Ted Cruz named Lt. Governor Dan Patrick his Texas Chairman for the Cruz for President campaign. Texas Railroad Commissioner Ryan Sitton, a statewide elected official, will join Railroad Commissioner David Porter as Texas Co-Chair of the Cruz for President campaign. In addition, six major financial supporters of former Gov. Rick Perry’s joined Cruz’s National Finance Team.With today’s announcement, the Cruz for President campaign has secured a significant number of...

U.S. Sen. Ted Cruz and Lt. Gov. Dan Patrick In a move that further consolidates his home-state support, Republican presidential candidate Ted Cruz has won the backing of Lt. Gov. Dan Patrick as well as a raft of major financial boosters of former Gov. Rick Perry.Cruz plans to announce Monday that he has secured the endorsement of Patrick, arguably the most powerful elected official in Texas and the third statewide official to back Cruz. Patrick will serve as the Texas chairman of Cruz's campaign.The endorsement marks a reconciliation of sorts between Cruz and Patrick, both darlings of the Tea...