Thursday, December 2

What is the Permian Basin, the remote place in the United States that is experiencing a new boom with the explosion of oil prices

  • Drafting
  • BBC News World

oil well

Image source, Getty Images

In a vast remote area between New Mexico and Texas, ravaged by frequent sandstorms, with reddish sunsets and the sweltering heat of the desert, is the largest natural energy reserve in the United States and one of the largest on the planet.

It was thanks to its exploitation that the United States managed to become in the world’s largest oil producer.

However, the Permian Basin, an area of ​​220,000 square kilometers in southwestern North America, was experiencing an unexpected twilight.

Last year, the coronavirus pandemic plunged energy market prices and extraction efforts across Texas and Nevada fell sharply.

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