New pipelines have eased the West Texas gas glut, but drilling plans may reverse gains. Crude oil reaching a new all-time high by September 30 at 8.4% YES.

New pipelines have eased the West Texas gas glut, but drilling plans may reverse gains. Crude oil reaching a new all-time high by September 30 at 8.4% YES.

New gas pipelines are reducing congestion, but producers expect Permian takeaway constraints to persist until at least 2027, with some seeing bottlenecks lasting even longer.