Texas Regulator Eyes Flaring Crackdown   (Bloomberg) -- Texas will look into policies to “drastically reduce” natural gas flaring from the state’s shale patch as investors become increasingly sensitive to climate change concerns. The call to action from the head of the Texas Railroad Commission, which oversees oil and gas production in the state, marks a stark tone shift for an agency that’s been criticized for its laissez-faire attitude toward one of the industry’s most harmful e