Pain in the Permian
West Texas is the beating heart of US oil. Can it survive the price bust?
The convoys of 18-wheelers ferrying equipment across the vast terrain easily outnumber all other vehicles on the road. They’ve long since overwhelmed a highway that was built for people passing through this desolate stretch of West Texas, now servicing one of the biggest oilfields in the world. Construction crews are laying down new tarmac as quickly as they can, but it’s not fast enough. Racing from oilfield to oilfield, horns blaring, the big rigs make navigating the road a sometimes-harrowing adventure for sedans like mine. And the dust: kicked up by the bustle, it coats everything. If this is your first impression of the place, you’d think business is still booming in the Permian shale,
Also in this section
24 March 2026
It is an unusual story of out with the new and in with the old, as America First Refining shows the US going back to trusted energy security developments
23 March 2026
A complex and sometimes contradictory web of factors that include unpredictable oil prices, the globalisation of LNG markets, the expansion of Middle Eastern sovereign capital and the growth of datacentre demand will shape the energy landscape beyond 2026
23 March 2026
The Strait of Hormuz crisis highlights how key waterways can become global chokepoints
20 March 2026
Attacks on key oil and LNG assets across the Gulf mean a prolonged supply disruption, with damage to Qatar’s export capacity undermining confidence in the global gas system






