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Texas Oil and Gas Regulator Wayne Christian Peddles Oil-Backed Crypto Coin

Watchdogs say Christian’s role in the token venture could create conflicts because the Railroad Commission can affect oil supply and prices.

Government watchdogs raised conflict-of-interests concerns, but Christian said his involvement in the venture is “separate” from his elected position on the Railroad Commission.

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Bias Distribution

  • 75% of the sources lean Left
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The Texas Tribune broke the news in Austin, United States on Thursday, April 16, 2026.
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