Permian Basin gas prices turned negative for months as oversupply choked the system—producers paid to burn or dump their byproduct. Now, new pipelines like Gulf Coast Express and Hugh Brinson are finally moving gas east to Gulf Coast markets and LNG exports, pushing prices positive and reviving production. Relief for producers, but congestion won’t vanish overnight—more drilling could strain pipelines as new capacity rolls in across Texas. The Waha Hub is finally starting to breathe easier.
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