President Trump is expected to visit the Permian Basin in West Texas Wednesday and make a stop at the Double Eagle Energy in Midland, the White House announced.
During his visit, the president will tour an oil rig and address how the U.S. has become a dominant energy power, from reducing regulation, expediting the approval of projects and providing an impetus for private investment in energy infrastructure.
What is the Permian Basin?
The Permian Basin is one of the leading oil-producing fields in the world. The basin spans parts of West Texas and southeastern New Mexico and stretches 250 miles wide and 300 miles long.
— Read on www-foxbusiness-com.cdn.ampproject.org/c/s/www.foxbusiness.com/markets/trump-permian-basin-visit-oil.amp