You could be forgiven for doing a double take on that sentence. There has been a lot of attention paid to the pipeline woes in West Texas, but because of the unfolding shortage, not a surplus. The flood of supply over the past few years suddenly ran up against a wall of fixed takeaway capacity in 2018. The result has been maxed out pipes, painful discounts for crude in Midland and concerns about a production slowdown sweeping over the basin. Now there is a rush to build more pipelines to load up all of that crude coming out of the ground. But with several projects in the works and set to come online essentially at the same time – late 2019 and early 2020 – the Permian could see a massive increase in pipeline capacity, hitting the market in lump-sum fashion at the same time. The Permian has around […]