Texas Gas Drillers Shut Out of Oil Price Rally Turn to Shutting Off Wells
Two extremes are currently playing out in the Permian Basin. Drillers are reaping the benefits of a historic price rally due to the Iran war. But when it comes to...
By Julian Hast, David Wethe · Bloomberg
Two extremes are currently playing out in the Permian Basin. Drillers are reaping the benefits of a historic price rally due to the Iran war. But when it comes to natural gas, they’re having to pay customers to take it away.