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Parallel Energy Trust T.PLT.DB


Primary Symbol: PEYTF



GREY:PEYTF - Post by User

Post by diesel80on Mar 16, 2015 12:08pm
98 Views
Post# 23525591

There is still 40% of US oil storage capacity available

There is still 40% of US oil storage capacity availablehttps://theenergycollective.com/robertrapier/2204076/us-running-out-crude-oil-storage From article: If Cushing continues to fill, oil producers will start looking at some of those other areas to store their crude. And with 200 million barrels still available, oil producers could continue to add a million barrels a week for nearly 4 years before crude oil storage is actually full. So in summary, the narrative being pushed that the U.S. is running out of crude oil storage is false, most likely repeated by those who haven’t bothered to actually check available crude oil storage.
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