The Permian Basin, arguably the most important oilfield in the world, is growing so fast that it hurts.
A rush to pump oil out of the West Texas shale field has vaulted the United States to record-high production levels.
But the gangbusters growth has created serious challenges. The Permian Basin is rapidly running out of pipeline to carry all that crude. Companies are struggling to find talented workers. And the region’s infrastructure is buckling under the pressure. [read more]