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Cushing Terminals Fill Up Fast, May Lead to New Oil Price Drop

Cushing Terminals Fill Up Fast, May Lead to New Oil Price Drop

SUGAR LAND--March 5, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Cushing, Oklahoma, the self-proclaimed "Pipeline Crossroads of the World," is everywhere in the news because of its ninth consecutive week of increased storage levels. With the West Texas Intermediate (WTI) crude-oil price based heavily on the state of affairs in Cushing, the increase in oil stored at the massive terminal complex in the town of 8,000 people has the potential to shift prices.

Within this article: Details on the status of Cushing's capacity.