In a recent article, I provided a firsthand look at the booming oil production in the Permian Basin. Notably, after 100 years of production, the Permian Basin is pumping record volumes of crude oil. However, as I also noted there are some looming constraints that threaten to slow this production growth: “Oil production can expand only as quickly as infrastructure can keep up. And it is struggling to keep up. It’s not just crude oil pipelines that are an issue. Along with oil comes associated natural gas.…

via OilPrice.com Daily News Update https://ift.tt/2J7FKHK