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About half of U.S. oil pipeline space is empty after boom time building spree

December 17, 2021 by

Oil and gas shippers often find themselves building pipelines amid a production boom only to find there is too much capacity when downturns occur. Numerous pipelines were built in the Permian in Texas and New Mexico – the largest U.S. oilfield – to export locales while production surged between 2017 and 2020.

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