Boom or Bust in the Permian?

Things are heating up in Texas, and it’s not just the weather. There are numerous complexities surrounding the most prolific shale region in North America that has everyone working in the basin uneasy. Though the Permian Basin, in Texas and New Mexico, has pushed the U.S. past Russia and Saudi Arabia as the world’s top crude producer, some headwinds have appeared that have this basin fluxed.