Does Texas have a plan for peak Oil?

Um.... no. Texas has no official plan for dealing with dwindling oil production. Oil production in the USA peaked in 1970, in 1973 in Texas. In 1973, Texas oil production was a shade shy of 3.5 million barrels per day. Now, it is considerably below 1 million barrels a day. Proven recoverable oil reserves have dwindled from 15 billion barrels in 1960, to less than 6 billion barrels now. Peak oil for Texas is very ancient history, and only the rising price of oil is making the transition easier on the state. There will continue to be a long, slow slide in production in the state, but there will be no panic or particular problem at the time of world peak oil production, because Texas's production peaked almost 40 years ago!! In fact, the huge rise in prices that world peak oil will produce, will in fact be a boon to Texas!!