Permian Basin Area Expected To Generate 1/3 Of The Entire U.S. Oil Production

By |2019-01-16T20:05:46-05:00January 16th, 2019|Home Selling, Midland Texas, Midland Texas Real Estate, real estate, Real Estate Market Update|

Not even the drop in oil prices has stopped the enthusiasm in the Permian Basin. The economy is still booming. The Permian Basin's output will continue to expand. Cost-reducing advances in technology means that over the next five years,  U.S. oil production should be about equal to the production of oil in Russia and Saudi [...]