Commodities 2023: US Permian gas producers eye more volatility before midstream expansion
The Permian Basin natural gas market is likely to see another midstream capacity crunch in 2023 as growing output there would put existing production takeaway pipelines to the test and keep hub prices in West Texas under pressure. Gas production from the Permian has continued its upward march in 2022, rising about 1 Bcf/d over the past 12 months, raising…