POLITICO NEWSROOM

Analyst: Permian Basin drilling permits jump, signaling U.S. surge of oil on the way

Episode Summary

Oil companies received a record-high number of permits to drill in the oil-rich Permian Basin areas of Texas and New Mexico last month, a sign that U.S. crude output is likely to surge, analysts at research firm Rystad Energy said Wednesday.

Episode Notes

Oil companies received a record-high number of permits to drill in the oil-rich Permian Basin areas of Texas and New Mexico last month, a sign that U.S. crude output is likely to surge, analysts at research firm Rystad Energy said Wednesday.

 

Nirmal Mulaikal is a POLITICO audio host-producer. 

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Raghu Manavalan is a senior editor for POLITICO audio.

Jenny Ament is the executive producer of POLITICO’s audio department.