Replies to post #58615 on MMEX Resources Corp (MMEX)

[mr green239]

I do not think so yet anyways
But I was just talking about a different company that wants to export crude oil from the Permian Basin to Houston probably to then refine with other major companies -speculation. Just the amount that pipe can carry concerns me (500k bb/day) when the estimates of how much oil the whole state of Texas actually pumps everyday can be seen between 2,000,000 and 4,000,000 barrels (how much can the Permian Basin pump each day?). Just think there are a lot of developed competitors in Texas trying to get as big of a stake of black gold as they can. Hopefully MMEX is one of them in the future