Texas is running out of pipeline at the worst possible time

Texas has a natural gas problem. That may come as a surprise since we’re talking about one of the most plentiful energy-producing regions in the country, if not the world. But the problem in Texas isn’t that they’re running out of natural gas. They’ve got enough of that to last well into the next century. What they don’t have is enough volume in the available pipelines to get all of that gas to where it needs to be, particularly the supplies coming from the western Permian Basin. In fact, the production of natural gas has been so plentiful that they can barely sell it off at a profit. The Institute for Energy Research released a new report this week suggesting that if pipeline capacity isn’t improved with more pipelines being approved across a wider region, they will not be able to meet the anticipated levels of demand this winter.Read More