America’s oil hub is running low and the markets are watching
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America’s oil hub is running low and the markets are watching
Agencies Cushing, Oklahoma, dubs itself the pipeline crossroads of the world. The tagline is emblazoned on a giant roadside sign fashioned out of pipes on the corner of Main Street and South Stiles Road. It has a valve and everything. But it’s not just a slogan. In 1912, Tom Slick (his real name) w»»»
The tanks in Cushing, Oklahoma, are hitting bottom. The oil market is about to hit a tipping point
America's key oil storage hub in Cushing, Oklahoma, is close to running dry amid a war with Iran. The facility holds just 21.6 million barrels, barely above the 20 million threshold where the system effectively fails. Industry leaders warn prices could rise toward $160 per barrel or higher if the S»»»
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