Feb 01, 2022 at 01:25 PM CST
|
|
---|---|
But a strike would have implications that could create a problem in the Permian Basin that would echo out into the rest of the world. The greater Permian Basin accounts for nearly 40 percent of all oil production in the United States and nearly 15 percent of its natural gas production, according to the Federal Reserve Bank of Dallas. A strike would make delivery of these petrochemicals, almost impossible. Production of items such as natural gas and oil products would almost immediately be halted as deliveries stall. |