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‘Permian growth overwhelms pipeline capacity’, according to ESAI Energy

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World Pipelines,

According to ESAI Energy’s ‘North America Watch’, production of crude oil from the Permian Basin will continue to outpace pipeline capacity in the region, keeping pressure on WTI Midland prices relative to WTI Houston. However, this constraint should be alleviated by 4Q17 as new pipeline projects come online.

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US pipeline news Crude oil pipeline news