{
  "id": 13824655,
  "title": "Oil theft is on the rise in the heart of U.S. shale country—and it’s mostly carried out in targeted, organized heists",
  "url": "https://urgent.news/2026/10/11/oil-theft-is-on-the-rise-in-the-heart-of-u-s-shale-country-and-its",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-11T22:25:58.000Z",
  "source": {
    "name": "Fortune",
    "slug": "fortune",
    "url": "https://fortune.com/2026/10/11/oil-theft-wti-crude-prices-permian-basin-targeted-organized-heists/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Oil theft is on the rise in the heart of U.S. shale country, particularly in the Permian Basin, according to a recent survey by the Dallas Fed. The surge in oil prices due to the Iran war has attracted more thieves, who are increasingly professional criminals. The Permian Basin, the epicenter of the U.S. shale revolution, is a target-rich environment for thieves. A significant 32% of impacted executives reported an increase in oil theft over the last 12 months, while 47% said it remained the same. The most common form of theft is described as targeted and organized, with 47% of executives citing this. However, the financial impact of these thefts remains relatively low, with 84% of executives stating that it was low.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}