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Texas Gas Drillers Shut Out of Oil Price Rally Turn to Shutting Off Wells

Bloomberg

BusinessBloomberg·Jun 8, 2026·1 min read

Texas Gas Drillers Shut Out of Oil Price Rally Turn to Shutting Off Wells

Two extremes are currently playing out in the Permian Basin. Drillers are reaping the benefits of a historic price rally due to the Iran war. But when it comes to natural gas, they’re having to pay customers to take it away.

View original source — Bloomberg ↗

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