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Permian Basin Oil Theft Exposed | Texas News
Six people have confessed to orchestrating a massive crude oil heist in the Permian Basin, stealing tens of thousands of barrels and selling them at rock-bottom prices—sometimes as low as $10 to $15 per barrel. The stolen oil was funneled across state lines, resold multiple times at steep discounts, and funneled into a lucrative, illegal profit chain. Law enforcement agencies collaborated to crack the case, and guilty defendants now face prison time, hefty fines, and restitution. One more suspect is set to plead guilty in August, while others face even graver charges—including interstate…
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