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To: thackney

In the U.S., oil production is continuing with Cushing, Oklahoma storage near capacity and more crude simply being moved to the Gulf Coast as a storage alternative. Also, the glut is expected to build up in September as refineries undergo seasonal maintenance after record levels of gasoline production this summer.

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Does that mean they can keep prices at the pump high?


8 posted on 08/20/2015 8:54:27 AM PDT by Moonman62 (The US has become a government with a country, rather than a country with a government.)
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To: Moonman62
While oil stocks are at a high level, I would not call it near capacity. Storage Capacity has grown significantly over the last few years along with our increased oil production.


10 posted on 08/20/2015 9:36:58 AM PDT by thackney (life is fragile, handle with prayer)
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