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Will the oil crash help clean up the Permian Basin?
By Jim Magill, Contributor June 23, 2020 Updated: June 23, 2020 houstonchronicle.com
Most analysts predict the oil price crash that has led to steep losses, thousands of layoffs and a growing number of bankruptcies will force the energy industry in the Permian Basin to consolidate as stronger companies take over weaker ones.
The basin-wide cons…
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