Permian Basin Could Become Top US Gas Producer by 2030

MT newswire2026/08/26 23:02

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

07:02 PM EDT, 08/26/2026 (MT Newswires) -- The Permian Basin could become the largest U.S. natural gas-producing region by the end of the decade, potentially overtaking the Marcellus as soon as 2030, Bloomberg reported Wednesday, citing Citi analysts. The shift would make the Permian the leading U.S. gas basin, with production largely driven by oil economics, Bloomberg reported. Permian gas prices were negative for four months this year as rising oil output boosted gas supplies and pipelines reached capacity, the report said. Additional Permian supply could reduce the need for gas-focused basins to ramp production as LNG exports and data centers drive demand, Citi said, according to Bloomberg.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

According to Goldman Sachs, global refined oil exports have declined by about 6 million barrels per day year-on-year, with the Gulf region and Russia contributing three-quarters of the decrease. Unlike crude oil, which can be rerouted, damaged refineries cannot be relocated, and the Gulf region's refined oil exports have only recovered to 40% of pre-war levels. Goldman Sachs expects global refinery utilization rates to recover only by the second half of 2027; based on this, it has more than doubled its forecast for diesel profit margins in 2027.

华尔街见闻•2026/08/30 03:01