Permian Basin In West Texas In The Spotlight As Oil Prices Soar
CRANE, TEXAS - MARCH 12: In an aerial view, oil pumpjacks work in the Permian Basin oil field on March 12, 2022 in Crane, Texas. President Joe Biden imposed a ban on Russian oil, the world’s third-largest oil producer, which may mean that oil producers in the Permian Basin will need to pump more oil to meet demand. The Permian Basin is the largest petroleum-producing basin in the United States. (Photo by Joe Raedle/Getty Images)
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