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The Permian Basin has changed the global power dynamic
1/4/2019

Production growth in the Permian Basin has invigorated the US economy and altered geopolitics among major oil-producing countries, writes Justin Worland. "The vast new U.S. oil reserves have provided cover for the imposition of tough sanctions against nations like Iran and Venezuela, moves that at other times might have crippled global supply," he writes.

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