A Wave of Oil Pipeline Projects Are Late to the Permian Boom

摘要

It’s gone from a dearth to a glut of oil pipeline projects competing to serve slowing production growth inthe Permian Basin.Five new oil pipelines are set to open in the Permian Basin through 2021, expanding a gap betweenproduction and takeaway capacity that’s already forcing companies to cut fees and could mean lowerprofits and cutthroat competition ahead.