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Story perspectives

Permian producers flare gas as pipelines lag.

7/21/2026

39 9 Full Breakdown

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Story summary
  • Producers are flaring natural gas at a Permian Basin oil field near Odessa, Texas.
  • The Permian Basin sees rising drilling activity and insufficient pipelines to move product.
  • Earlier in 2026, the Iran-U.S. conflict raised oil prices, leading West Texas producers to extract more natural gas.
  • Pipeline shortfalls forced producers to pay higher fees to users for the excess gas.