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Big in Business: Don't mess with West Texas

Jacob Ford / Odessa American via AP

The Permian Basin still matters:

Simon Lack of SL Advisors points out that even as Persian-Gulf OPEC states tried to chase American shale producers from the market following the oil-price crash of 2014, exploitation of the Permian Basin in West Texas remained a profitable, and the location is home to nearly half of the active rigs in America today.