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Texas natural gas plunges toward zero as output swamps pipelines

Natural gas prices in the Permian Basin of West Texas are plunging toward zero as booming production overwhelms pipeline networks, creating a regional glut of the fuel. ....

El Paso , United States , United Kingdom , Chia Cheng Chen , Henik Fung , Campbell Faulkner , Kinder Morgan Inc , Global Holdings , Permian Basin , West Texas , Kinder Morgan , Gulf Coast Express , Severe Weather Europe , Onshore Production ,