As we’ve reported previously, constraints in our country’s critical energy delivery network are continuing to impact American energy production, preventing families and businesses from seeing lower energy costs.
In recent months, producers have experienced pipeline bottlenecks due to the vast amounts of oil and gas being pumped out of the Permian Basin, where output has reached around 3.4 million BPD. With the current pipeline capacity sitting at approximately 3.56 million BPD, analysts expect the constraints to begin limiting growth in the region next year.
Read more – World Finance