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The Latest News about Permian Basin

Trump’s Latest Executive Action Could Alleviate A Huge Problem For The World’s Most Productive Oilfield

The Permian basin, now the world’s most productive oil and gas field, is booming — so much so that there’s not enough pipeline capacity to carry out all the natural gas it produces, meaning much of it is flared. How much? Some 553 million cubic feet per day, or enough to power every home in Texas, according to data from ...

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