June 8, 2018
Source: World Oil

Permian basin pipeline’s quoted price affecting investors

The Permian basin pipeline’s quoted price of more than $1 billion/day is not only affecting the West Texas oil drillers but also some other investors. The producers in the Permian basin have started to encounter congested pipelines and shortages of materials and workers. The dwindling pipeline space has raised the shipping costs and the bottlenecks have caused some investors to sour on the region.

   Read More About : Midstream Pipelines Permian Basin
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