A statewide Texas race that affects prices at the pump nationwide

One of the statewide offices Texas voters will decide on next week is railroad commissioner. It's a role that has nothing to do with trains and everything to do with the state’s oil and gas industry. The position has real power over an industry that produces more crude oil than most countries. This morning, we dig in. Plus, we'll talk about a consumer sentiment improvement and why financial markets are betting that the Federal Reserve will hold interest rates steady.

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Stories from this episode:

• Texans will be electing a new regulator of the state's huge oil and gas industry