Analyst: Future of Permian production is in global markets

“We’re going to have to export significant amounts of incremental production, not just from Texas but from elsewhere in the U.S.,” Greg Haas, director, integrated oil and gas at Stratas Advisors, told his audience.

The nation is already a net exporter of hydrocarbons — from the lightest gas to the lightest crudes — and is a major source of refined products to the rest of the world, he said.

“The U.S. must remain a net exporter,” he said, estimating at least 50 percent of U.S. field production, from crude to natural gas liquids to refined products must be destined for export.

 

 

 

Read the full article here
Source: MRT.com

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *