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Energy Energy

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

Source: bloombergMarkets June 8, 2026 · 07:19
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.
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