The slowdown in the Permian Basin has already had an impact on other industries

The pace of new development in the Permian Basin, a 55-million-acre stretch of territory in New Mexico and Texas, appears to be slowing. As a result, supporting industries are already taking a hit.

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Posted by Jennifer Delay Iacullo

Jennifer DeLay Iacullo is a freelance writer specializing in global oil, gas, and power engineering topics. She has covered the energy industry of the former Soviet Union, China, Africa, Latin America and North America for more than 20 years. She lives in Atlanta with her family.

The slowdown in the Permian Basin has already had an impact on other industries

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