Global Energy Advisory August 25th 2017

Crude oil production growth in the Permian could speed up
after the expansion of the BridgeTex Pipeline, the Federal Reserve
Bank of Dallas said. The pipeline’s capacity was raised by 100,000
bpd to 400,000 bpd in the second quarter of the year. The BridgeTex
pipeline system currently carries Permian crude oil from Colorado
City, Texas, to the Houston Gulf Coast area. The Permian is already
the fastest-growing oil-producing region in the U.S., instrumental
in driving the total national output to over 9.5 million bpd, as of
the latest EIA…

Crude oil production growth in the Permian could speed up
after the expansion of the BridgeTex Pipeline, the Federal Reserve
Bank of Dallas said. The pipeline’s capacity was raised by 100,000
bpd to 400,000 bpd in the second quarter of the year. The BridgeTex
pipeline system currently carries Permian crude oil from Colorado
City, Texas, to the Houston Gulf Coast area. The Permian is already
the fastest-growing oil-producing region in the U.S., instrumental
in driving the total national output to over 9.5 million bpd, as of
the latest EIA…