
ExxonMobil, Enterprise still adding to massive Permian crude pipeline glut
Hellenicshipping The embattled, but resilient Permian Basin quickly evolved from a glut of oil to a glut of excess pipeline capacity as the coronavirus pandemic crippled global demand, and new long-haul crude pipelines will further exacerbate the divide as they continue to come online through 2021. Pending projects led by ExxonMobil and Enterprise Products Partners would cause the Permian’s crude

