A major pipeline to transport natural gas out of the Permian Basin to market went into service at the start of 2021 as the fossil fuel markets continued to show gradual signs of recovery from a historic collapse last spring created by the COVID-19 health crisis. The Permian Highway Pipeline, owned by Kinder Morgan, went
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Amid the chaos and confusion of the COVID-19 pandemic, work continues on Kinder Morgan’s Permian Highway pipeline that will carry natural gas from the Waha hub in the Permian Basin’s Pecos County to the Katy area along the Gulf Coast. Kinder Morgan, which is building the $2 million project in partnership with Midland’s EagleClaw Midstream
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With the price of oil wallowing beneath $30 per barrel for almost a month, some of the lowest prices in the last decade, the industry in New Mexico suffered from capital reductions and threats of layoffs. The state announced the global spread of coronavirus and subsequent respiratory illness COVID-19 reached New Mexico in recent weeks,
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The Permian Basin is a vast area covering West Texas and southeastern New Mexico. It has been known for decades as a region dripping with oil and gas reserves. Today, the Basin continues to produce, even as companies in other major shale regions fold under the pressures of low oil and gas prices. It’s Huge
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Oil production in the Permian Basin has surged from less than 1 million barrels per day in 2009 to over 3.5 million barrels per day by the fall of 2018. Production in the Permian basin, the biggest oil-producing region in the United States, has created a bottleneck of sorts for operators trying to bring the
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Simply put, more natural gas means more jobs and prosperity for Americans. Nearly 75% of U.S. economic growth is contingent on consumer spending, so higher cost energy for an indispensable good such as electricity inevitably equates to Americans having less money. Higher cost energy is bad for our families because it reduces their discretionary income.
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Marathon Petroleum Corp.’s MPLX LP master limited partnership reported that the proposed Whistler Pipeline from the Permian Basin in West Texas to the state’s Coastal Bend region will be built. The announcement follows a favorable final investment decision by MPLX, WhiteWater Midstream, and a Stonepeak Infrastructure Partners/West Texas Gas, Inc. (WTG) joint venture to design
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