#cushing oklahoma

[gershonposts]

Prime News: U.S. Crude Oil Inventory Drawdown Streak Extends into 10th Week: EIA

U.S. crude oil inventories declined for the 10th consecutive week as levels at the Cushing Oklahoma center continued to fall down to three-year lows, while gasoline and distillate inventories climbed, according to the Energy Information Administration. Crude stockpiles declined 1.1 million barrels in the latest week, against analyst estimates for a decline of 1.6 million barrels. At the level of…

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[curveaheadmarketstrategies]

GULF COAST PADD 3 The New U.S. Oil Bottleneck

GULF COAST PADD 3 The New U.S. Oil Bottleneck

As Cushing supplies decline due to increased logistic options out of the storage hub in the Midwest PADD 2 in Cushing, Oklahoma inventories are rising to elevated levels in the Gulf Coast which eventually will provide the bottleneck and back up oil flows all along the supply and logistics chain. (more…)

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[gearsoft-blog]

Seaway Pipeline No Panacea for Cushing's Oil Glut

published on Gearsoftimes

By EconMatters EIA Report   The weekly EIA report came out today and one of the noteworthy data points was the Cushing, Oklahoma storage numbers. Already at a record, Cushing added another 1.8 million barrels to storage sending total Cushing stocks to 51.9 million barrels of oil in storage...

http://gd.is/IbLdbP

[ablitz-blog-blog]

Oil Map from Cushing, Oklahoma.