OilPricecommoditiesNEUTRALMEDIUM
Permian Gas Has Been Worth Less Than Nothing for 118 Days This Year
Outside Pecos, Texas, Chevron is getting ready to build a power plant to solve a problem the Permian Basin has been stuck with for years, which is that it produces far more natural gas than anyone nearby is willing to pay for. Chevron's subsidiary, Energy Forge One, signed a…