Texas Pipeline Operators Prepare for Higher Volume as Permian Basin Oil Production Picks Up

A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, on June 9, 2016. Richard Carson/Reuters

Texas oil pipeline operators are preparing to increase the volume of crude oil flowing through pipelines from domestic shale fields to its hubs on the Gulf Coast to pre-pandemic levels by October 2022, according to analysts.

U.S. crude oil had been trading at about $100 a barrel, a boon for some Texas oil pipeline operators struggling after a period of low demand.