Wars heighten Basin’s global significance

Odessa American

Lean Right

High Factuality

Independent: AIM Media Texas

Wars heighten Basin’s global significance

The wars in Israel and Ukraine are not good for anyone, including the American energy industry, but the Permian Basin’s uniquely powerful position as one of the world’s top oil- and natural gas-producing regions is helping to shield it and the United States. That’s according to State Rep. Brooks Landgraf and Waco economist Ray Perryman, who say the basin’s importance grows each year. “Amidst the uncertainties of foreign wars and geopolitical ten…