Cushing oil storage 78% from last week and -22. There was a build +4. It connects major pipelines within the United States and is the location where the oil futures contracts end up being delivered; the crude oil tanks around Cushing have approximately 91 million barrels of storage capacity, which is the world Dec 3, 2015 · The U. Further drawdowns at Cushing,… Oct 18, 2015 · The quake occurred on Oct. 9 million barrels. So what does 85 million barrels Dec 9, 2021 · The supply of crude oil at the Cushing hub in northern Oklahoma increased slightly in the past week, reaching more than 30 million barrels of oil. Access Highway access from State Highways 18, 33 and 99 May 2, 2020 · The complex is truly impressive. 10, but that’s “a small dent when looking at Cushing’s 91 MMbbl capacity,” she said. Houston 609 Main St, Houston, TX 77002 Mar 12, 2025 · Change in the number of barrels of crude oil held in storage at the Cushing, Oklahoma during the past week. Gulf Coast region contains 55% of the nation's crude oil storage capacity, and Cushing contains another 13%. – We calculate accurate and potentially impacting results from the 3D surface models we produce. at a terminal in Cushing, Oklahoma, said Captain John Tull, a city fire department spokesman. 70M last week and down from 31. Energy Information Administration reported storage at Cushing dropped by 1. Cushing looms large in oil and gas history. Cushing, which sits about 70 miles northeast of Oklahoma City, was once home to 53 refineries, but the last one was closed by Kerr McGee in 1987. Oct 16, 2020 · At the heart of the global pricing network is the Cushing, Oklahoma crude oil storage hub, which provides the physical delivery mechanism for the CME Group’s NYMEX WTI futures contract. Mar 23, 2015 · After increasing for 15 consecutive weeks, crude oil storage at Cushing, Oklahoma, reached 54. Jun 21, 2023 · U. Aug 17, 2020 · When the WTI futures contract was first listed in 1983, Cushing was a vibrant hub for cash market trading of crude oil with a network of pipelines, refineries, and storage terminals. Oct 9, 2012 · This illustration by Businessweek shows the pipeline pathways in and out of the crude oil storage hub at Cushing. 50 per barrel in a storage auction hosted by Matrix Markets in March 2020. According to the U. Cushing Crude Oil Stocks in the United States averaged 11. Using sophisticated aerial cameras and photogrammetric techniques we make measurements of the fluid levels in oil tanks at Cushing, OK. Considering 5 days ago · This vibrant hub has 90 million barrels of storage capacity where commercial companies are active participants in the market. 6 million barrels of storage at Cushing from Sep 21, 2021 · The Cushing storage hub is the crude oil delivery point for the NYMEX West Texas Intermediate (WTI) crude oil futures contract and is home to 14% of U. Jun 1, 2020 · At the heart of the global pricing network, the Cushing hub provides the physical delivery mechanism for the CME Group’s Light Sweet Crude Oil Futures contract. Beginning with the WPSR data for the week ending Friday, November 15, 2024 (scheduled for release on November 20), weekly crude oil production estimates are rounded to the nearest 1,000 b/d at the U. Get access to oil storage by owner, purpose and grade using granular tank-by-tank and individual owner/operator data, along with extensive historical data. Learn how the Cushing Crude Oil Storage Report can help. Storage for about 540,000 barrels at Plains All American’s Cushing tanks for sublease was offered at 50 cents per barrel (cpb) for a term of one year, one source said. Energy Information Administration reported that as of August 26, Cushing maintained a total of 25,284,000 barrels of crude oil in storage. As crude oil inventories Mar 4, 2015 · From September 2013 to September 2014, total crude oil working storage capacity increased from 502 million barrels to 521 million barrels. commercial tank and underground crude oil working storage capacity. Today Sep 17, 2018 · The crude oil hub at Cushing, OK, has more than 90 MMbbl of tankage, 3. Oil prices are a factor of supply and demand. 4 million barrels on May 1, 2020 > Pipelines at Cushing have 3. This small town in central Oklahoma is the center of the U. WTI Midland crude oil transactions joined the dated Brent price assessment a year ago, U. 4 million barrels, 50% below the previous five-year average. With the publication of the estimates for week ending April 10, 2020, propane/propylene inventories no longer include propylene inventories held at terminals. Nov 19, 2020 · Cushing’s total oil storage capacity, as of the EIA’s last reading this past March, was 75. The declines in stocks Nov 3, 2021 · Stockpiles at the Cushing, Oklahoma, crude oil storage hub – the biggest in the US – are quickly approaching critically low levels, which could push crude prices above current multiyear highs. crude oil inventories at the Cushing, Oklahoma, storage hub have risen to their highest in two years, as outages at Midwestern refiners crimp demand and higher flows from Canada add to supply. Mar 13, 2025 · Learn about the NYMEX Light Sweet Crude Oil delivery location in Cushing, Oklahoma, including storage capacity and how much oil moves through the location. 511Mbbls the prior weeks. Data through 2019 were released twice each year near the end of May (data for March 31) and near the end of November (data for September 30). Damage to the Cushing oil storage facility - the largest crude oil storage facility in the world - would be an environmental and economic calamity. total oil storage Oct 22, 2021 · The storage tanks in Cushing, Oklahoma, require a minimum level of oil to maintain normal operations, which traders generally believe is around 20 million barrels. It's the world's largest crude oil storage facility. Crude oil inventory levels reached a record high of 69 million barrels in storage in early 2017. Sep 27, 2024 · Since U. com. Jan 15, 2025 · The storage in the previous week had totaled 20. Energy Information Administration says the amount of crude in Cushing was also 31% of the working storage capacity in the huge tank farm. Cushing Storage Terminal The majority of our assets are strategically located in or connected to the Cushing, Oklahoma crude oil marketing hub. Jan 9, 2025 · U. 5 million barrels last week to about 20 million barrels, the lowest since October 2014. The late petroleum supply report by the U. In addition to the operational storage capacity associated with our crude oil pipelines, we also own and operate crude oil terminals located in Houston, Midland and Beaumont, Texas and Cushing, Oklahoma that are used to store crude oil for us and our customers and, in certain locations, provide marine services with assets that facilitate the Aug 6, 2019 · Shale oil surplus flows to Cushing oil storage hub. S crude inventories at the country's flagship storage hub in Cushing, Oklahoma, fell to their lowest in over a decade amid strong refining activity and a year-end tax measure, data from the government's energy statistics arm showed on Wednesday. This is 2 days faster than the EIA. Inbound Cushing flows are set to peak in 2027. 5 million barrels daily. In fact, CME Group’s LOOP Crude Oil Storage futures contract spiked up to $0. May 2, 2020 · For now, what everyone needs is more storage, and with Cushing accounting for 13 percent of the U. Nov 21, 2020 · Crude oil inventories at the Cushing storage hub in Oklahoma are approaching the high levels seen in April when limited storage capacity amid crashing demand contributed to the plunge in WTI Crude Nov 6, 2023 · The city of Cushing in Oklahoma, United States, is a central hub within the United States and worldwide oil industry. S crude inventories at the country’s flagship storage hub in Cushing, Oklahoma, fell to their lowest in over a decade amid strong refining activity and a year-end tax measure, data from the government’s energy statistics arm showed on Wednesday. Here's what could happen if an F5 tornado were to strike the Cushing oil hub: Destruction of Oil Storage Tanks Mar 26, 2017 · Cushing contains 13% of total American oil storage capacity. total in storage was 429. The amount is the same as a week ago. 10 about three miles from Cushing, the site of a tank farm called the Cushing Hub, one of the world’s largest oil-storage facilities. At the time when the WTI futures contract was first listed in 1983, Cushing was a vibrant hub for cash market trading of crude oil with a network of pipelines, refineries, and storage terminals. . New York 311 W 43rd St, New York, NY. Airborne Photogrammetry – Every Friday morning we fly an airborne mapping mission over the Cushing oil tanks and geospecific targets that we find valuable. commercial tank and underground crude oil The RBN Cushing, Oklahoma Crude Oil Infrastructure Map brings clarity to the most complex and critical point in the U. 22 of last year or a decline of 1. This Payne County town of about 8,000 people is still known as the pipeline crossroads of the world, as many large transmission lines originate and terminate there. That may not sound very much but it’s about one-third of the Petroleum Strategic Reserve . Mar 5, 2025 · Cushing Crude Oil Stocks in the United States decreased to -1228 Thousand Barrels in March 7 from 1124 Thousand Barrels in the previous week. 74% from one year ago. Energy Information Administration showed 30,917,000 million barrels of oil were in storage at Cushing. 5 million barrels last… U. Commodities Handled Crude Oil Storage including BLS, MXS, NIO, DSW, and WTI. For now, what everyone needs is more storage, and with Cushing accounting for 13 percent of the U. According to the EIA , the working storage capacity in Cushing is 76 million barrels, and 91 million barrels of total shell capacity as of September 2019. Enbridge crude oil tank farm near Cushing has a maximum storage capacity of 20,060,000 barrels (3,189,000 m 3) (2010) Main article: Oil industry in Cushing Cushing is a major crude oil hub within the United States and worldwide oil industry . ’s preeminent crude storage and midstream complex, the benchmark pricing location for West Texas Intermediate (WTI) crude, and the physical delivery point for the CME/NYMEX WTI Crude Oil Futures contract, the most liquid of all energy futures contracts. 47M, down from 25. oil has assumed on the global stage, one of the most important determinants of global crude oil pricing. Deeprock Terminal (Cushing) Terminal Specifications 291 acres located in Cushing, Oklahoma 16 tanks ranging in size up to 250,000 barrels with a total storage capacity of 4,000,000 barrels. Aug 8, 2020 · > As global economies reopen, oil stocks in Cushing have been drawn down to 51 million barrels in storage since the peak of 65. Mar 21, 2023 · At the heart of the global pricing network, the Cushing hub provides the physical delivery mechanism for the NYMEX WTI futures contract. 00 Thousand Barrels in April of 2020 and a record low of -5587. Mar 7, 2025 · Stocks of Crude Oil by PAD District: PDF: 2: Stocks of Total Motor Gasoline by PAD District: PDF: 3: Stocks of Distillate Fuel Oil by PAD District: PDF: 4: Stocks of Kerosene-Type Jet Fuel by PAD District: PDF: 5: Stocks of Residual Fuel Oil by PAD District: PDF: 6: Stocks of Propane/Propylene by PAD District: PDF: 7: Daily Crude Oil and Feb 18, 2016 · What would happen if or when the oil storage capacity at Cushing, OK, now at 89% of theoretical limit, is filled to the brim? The facile answer is that it is negative for crude oil prices - when Nov 10, 2021 · Crude oil inventories at the Cushing hub in Oklahoma are reported at 26. Sep 26, 2023 · Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U. 267Mbbls this week, following +3. Barcas Pipeline Ventures LLC is a Cushing Oklahoma Oil storage facility located on the south end of the Cushing Crude Oil complex. April 21, 2020. Jan 8, 2025 · U. Cushing Storage. 7 million reported the week of Jan. REUTERS/Drone Base/File Photo Purchase Licensing Rights, opens new tab Oct 30, 2023 · Cushing, Oklahoma, United States--The city of Cushing in Oklahoma, United States, is a central hub within the United States and worldwide oil industry. Inventories at the key Cushing, Oklahoma storage hub have dropped for six Cushing Oklahoma Oil Storage Map. crude stockpiles at the key Cushing, Oklahoma, storage hub are at their lowest in 14 months due to strong refining and export demand, prompting concerns about the quality of the remaining oil Sep 7, 2022 · The government's latest report shows crude oil storage at the Cushing hub in Oklahoma continued to drop after a slight gain from two weeks ago. Energy Information Administration reported the nation suffered a drop of more than 6 million barrels of oil while Cushing's total fell nearly 2 million barrels. — and given the role that U. 3 million barrels of crude oil held at Cushing on Oct. 646Mbbls and +2. It connects major pipelines within the United States and is the location where the oil futures contracts end up being delivered; the crude oil tanks around Cushing have approximately 91 million barrels of storage capacity, … Continue reading "World’s Biggest Tank Farm Jan 29, 2025 · Gains in the amount of crude oil in storage were recorded by both the U. When the WTI futures contract was first listed in 1983, Cushing was a vibrant hub for cash market trading of crude oil with a network of pipelines, refineries Jan 7, 2025 · Cushing Crude Oil Storage Report Our Cushing Crude Oil Storage Report directly monitors every tank at the Cushing storage hub to provide accurate storage data. Aug 7, 2020 · When the WTI futures contract was first listed in 1983, Cushing was a vibrant hub for cash market trading of crude oil with a network of pipelines, refineries and storage terminals. The Payne County town of around 8,000 people is also known as the pipeline crossroads of the world, as so many large transmission lines originate and terminate there. Cushing is the designated point of delivery specified in all NYMEX crude oil futures contracts and is one of the largest crude oil marketing hubs in the United States. 7 million barrels per day of inflow capacity and 3 million barrels of outflow capacity The Cushing Hub in central Oklahoma is the U. They are also home to most of the growth in crude oil storage capacity over the past four and a half years. 2 days ago · Year-Month Week 1 Week 2 Week 3 Week 4 Week 5; End Date Value End Date Value End Date Value End Date Value End Date Value; 2004-Apr : 04/09 : 11,677 : 04/16 : 12,512 Cushing Inventory Report. Energy Information Administration (EIA), the working storage capacity in Cushing is 76 million barrels and 91 million barrels of total shell capacity as of September 2019. Rose Rock Midstream’s Cushing Oct 27, 2022 · The most recent storage compared to 27. Jan 21, 2010 · A fire has broken out at a crude oil storage tank belonging to SemGroup Corp. * We capture on Fridays mornings and delivery you the data at 9:00 am ET on Monday - weather permitting. The RBN Cushing, Oklahoma Crude Oil Infrastructure Map brings clarity to the most complex and critical point in the U. Oct 29, 2021 · As inventory levels at America’s largest oil storage facility Cushing have fallen to a three-year low, analysts have started to point out how an empty Cushing could send oil prices skyrocketing Dec 8, 2020 · Cushing. total oil storage capacity, it has deserved its place in the spotlight. With crude oil storage capacity of 4. 2 million recorded in the last week of November 2024. Exports are down because oil demand has been devastated by the coronavirus pandemic. We are data nerds. 7 MMb/d of incoming pipeline capacity and 3. At lower levels, it becomes more expensive for companies to get the remaining crude out of the tanks. Detect supply-side trends that sway WTI prices. In Q1 2021, Enbridge acquired a facility that includes 34 tanks for a total of approximately 6. In fact, very well indeed. oil exports have overshadowed the role of Cushing as a storage and pricing hub, traders and Aug 6, 2020 · The oil market has begun to adjust to the "new normal" in the global economy, with significantly lower fuel demand and decreased oil production. crude oil market. 55 per barrel for storage in April 2020, up from just $0. Feb 7, 2025 · Cushing, OK Crude Oil Stocks is at a current level of 24. 4 million from the 24. Jul 21, 2021 · The amount of crude oil stored at the Cushing delivery hub in northern Oklahoma fell to its lowest level last week since January 2020. 6%. Fields of tanks are fed by an 11-state pipeline network that stretches from North May 21, 2024 · The Cushing oil hub is a critical component of the United States' oil infrastructure, with extensive storage facilities and pipelines that play a central role in the nation's energy supply chain. Inventories in Cushing, Oklahoma, have been dwindling for the past four months […] Cushing, Oklahoma, is a key hub for NYMEX Crude Oil futures. oil storage. This infrastructure supports WTI’s status as a global benchmark, crucial as US oil production continues to rise. The U. Known as The Pipeline Crossroads of the World, it has a 90-million-barrel storage capacity and transports over 6. Mar 12, 2025 · Beginning with data for January 2005 total crude oil and petroleum products stocks do not include lease stocks. 1 million barrels. Cushing is and will remain the center of the crude oil business in North America. 4 million barrels even though crude inventories nationwide last week increased by 2. The storage capacity has grown dramatically over the past few years and now accounts for 13% of total U. crude inventories at the country's flagship storage hub in Cushing, Oklahoma, fell to their lowest in over a decade amid strong refining activity and a year-end tax measure, data from the government's energy statistics arm showed on Wednesday. crude oil universe, with prices at the Cushing hub serving as the reference price for all of the crude produced in the U. It is also filling up fast. It compared to 28,917,000 million barrels May 4, 2020 · Today, Cushing is more relevant than ever as all eyes are on oil storage. Sep 27, 2023 · U. and the Cushing Hub in the most recent reporting period. 1 million barrels while the U. As of the week ending November 27, these two locations contained 67% of the nation's crude oil inventories. When the WTI futures contract was first listed in 1983, Cushing was already a vibrant hub for cash market trading of crude oil with a network of pipelines, refineries, and storage terminals: the obvious choice for the delivery point. Aug 18, 2020 · Today, Cushing is the key nexus of market fundamentals for the global crude oil market, with nearly two dozen pipelines and 20 storage terminals. Jan 10, 2025 · Stocks of oil at Cushing fell by 2. May 31, 2011 · Crude oil storage capacity data are also provided for Cushing, Oklahoma, an important crude oil market center. Cushing’s total is down 3. 73 Thousand Barrels from 2004 until 2025, reaching an all time high of 6417. Oct 6, 2023 · Cushing is an oil storage town. With access to our Cushing data, be the first to know about inventory and utilisation changes at the hub. and Lower 48 state levels, a change from the previous method of rounding to the nearest 100,000 b/d. Oil giant BP, and energy-transport and logistics firms Enbridge Energy Partners (an affiliate of Canada's Enbridge), Plains All American Pipeline and Energy Transfer LP own most of the oil storage tanks in Cushing. This is a change of -4. Two years ago, Cushing held 60 million barrels of crude oil, meaning the most recent amount held in storage is more than 55% less. Make smarter WTI trades, faster. 0 million barrels. encore-edition-everything-you-need-to-know-about-the-cushing-oil-hub Cushing. Sep 19, 2024 · Oil-storage tanks at a key US crude hub have drained to near their bottoms as a massive new pipeline in Canada diverts flows elsewhere, muddying market signals that traders have long relied on. – We measure the actual height of the floating tank lids as well as all surfaces within each oil… Read More » Oct 12, 2007 · Oil storage is what Cushing is all about. With a capacity of 85 million barrels, Cushing is the largest oil storage field in the United States. It has 46 million barrel storage capacity that represents 16% of the total US crude oil storage capacity. Jan 25, 2023 · US crude oil inventories have been building rather stoically in 2023, specifically at the Cushing WTI futures Hub. 07 per barrel for storage in March. And with the price of oil dropping towards historic lows, there is no better evidence of the surplus of oil than Cushing Oklahoma. The oil market has begun to adjust to the "new normal" in the global economy, with significantly lower fuel May 24, 2023 · Cushing, with a population of 8,200, is known as the “pipeline crossroads of the world,” with more than 430 oil storage tanks spread out along the southern and northern edges of town. Additional pressure is also required to move the oil. crude stockpiles at the key Cushing, Oklahoma, storage hub are at their lowest in 14 months due to strong refining and export demand, prompting concerns about the quality of the remaining oil and the potential to fall below minimum operating levels, traders and analysts said. In addition, Cushing storage rates rose sharply, with tankage reaching $0. Excluding the government’s Strategic Petroleum Reserve, Cushing is by far the largest crude oil storage facility on the continent. A year ago, Cushing held 32. info@alphabbl. Jan 16, 2025 · “U. Official U. In 2020, Hartree acquired 3 million barrels of crude oil storage in Cushing, Oklahoma. Roofs of storage tanks also float on the oil, preventing vapors from building up or escaping into the atmosphere. Sep 26, 2023 · U. Storage levels at Cushing are important because it serves as the delivery point for the Sep 7, 2023 · The nation's crude oil in storage took another drop this week and so did the amount held at the Cushing Hub in Oklahoma. Owned and operated for 9 years, BPV has 700,000 barrels of storage and additional trucking optionality. They will recover at some point, but this point is in the future. crude oil benchmark, West Texas Intermediate. That’s an impressive amount of infrastructure by any standard. 00 Thousand Barrels in May of 2020. “Today, the Cushing oil fields continue to play an important role in the American oil industry. Back when the market was living it up in contango (with future oil more expensive than today's oil), the storage tanks around Cushing were full. government data shows that storage at the key crude oil hub in Cushing, Oklahoma, was just 70% full as of mid-April. Storage levels at Cushing are important because it serves as the delivery point for the U. May 13, 2020 · Today, Cushing is the key nexus of market fundamentals for the global crude oil market, with nearly two dozen pipelines and 20 storage terminals. Operation of crude oil storage and transportation systems requires some amount of working storage to be available to be filled at all times in order to receive deliveries by pipeline, tanker, barge, and rail. — and Jan 10, 2025 · For those facilities, the oil at the base cannot be removed completely. Nov 2, 2023 · This contract, which was for the delivery of oil from the Cushing storage tanks, set the standard for oil pricing worldwide and made Cushing a key player in the global oil market. Cushing, Oklahoma is one of the most important crude oil storage hubs in the world and the location of the settlement of the New York Mercantile Exchange West Texas Intermediate (NYMEX WTI) contract. Our proprietary data mining algorithms combined with deep knowledge about oil storage nuances gives us a leading edge in storage measurement. This new proprietary map not only provides a detailed view of all the inbound and outbound pipelines and major intra-terminal transfer pipelines, but also identifies storage tank terminals by operator and capacity. 67M one year ago. ” The facility received 76,000 bbl of crude oil injections for the week ending Jan. Sep 20, 2024 · The pipeline now moves around 400,000 barrels of crude oil per day, and since its expansion, Cushing’s tanks have lost almost 13 million barrels of oil. Jan 9, 2025 · Stocks of oil at Cushing fell by 2. Aug 7, 2020 · Today, Cushing is the key nexus of market fundamentals for the global crude oil market, with nearly two dozen pipelines and 20 storage terminals. All of which means Cushing always has millions of barrels of wiggle room, even Sep 23, 2024 · By Lucia Kassai and Devika Krishna Kumar |Bloomberg)– Oil storage tanks at a key US crude hub in Cushing have drained to near their bottoms as a massive new pipeline in Canada diverts flows elsewhere, muddying market signals that traders have long relied on. The companies of TEPPCO, Equilon, and TransCanada have crude oil pipelines that run to and away from Cushing. In addition to the effects of the Trans Mountain pipeline, Cushing’s storage drawdown has been driven by seasonal factors. Energy Information Administration reported Cushing saw an increase of 300,000 barrels of crude oil, from 20. This volume is the highest on record, but not the highest percent of storage utilization, as working storage capacity at Cushing has also increased over time. storage. “However, storage in Cushing is at an all-time low. Mar 17, 2020 · Storage rates at Cushing, doubled over the past month, and were seen as high as about 50 cents per barrel per month by Friday, two traders familiar with the matter said. In the wake of the demand collapse and lower We deliver accurate data with the same proven technology and methodologies used for our industry-leading Cushing Crude Oil Storage report. S. It is big. Traders say that is bunk - because whatever is left is spoken for Mar 2, 2012 · It means that Cushing is OK. 1 MMb/d of outbound pipes. Sep 20, 2023 · Oil markets are flashing signs of tightness as stockpiles at the largest US storage hub plunge toward critical levels. 17 to 21 million barrels during Aug 7, 2020 · Crude oil reserves are finally showing signs of falling, resulting in oil prices in the range of the low $40 and the reduction is evident among operators at the Cushing storage tank farm in Oklahoma. 4 million barrels on March 13, according to EIA's Weekly Petroleum Status Report. Change in the number of barrels of crude oil held in storage at the Cushing, Oklahoma during the past week. 5 million bbl, the terminal will initially be pipeline connected to two existing storage terminals, providing Keyera’s customers with access to the majority of crude oil streams flowing in and out of Cushing on several major pipeline networks. The town remains a major hub for oil storage and transportation Sep 21, 2021 · The Cushing storage hub is the crude oil delivery point for the NYMEX West Texas Intermediate (WTI) crude oil futures contract and is home to 14% of U. AlphaBBL was started by three ex-IEA barrel counters with a combined experience of over 30 years in data mining and analysis. This storage facility is located within the world’s largest crude oil storage complex, with significant pipeline interconnectivity, allowing for the ability to source and deliver crude oil throughout the US. Additionally, we forecast about 1 million b/d of increased crude will flow into Cushing, the largest midcontinent oil-storage hub. 8 million barrels. With a maximum storage capacity of 90 million barrels across 15 storage terminals, Cushing is home to a network of as many as two dozen pipelines, with a combined Jul 21, 2022 · Cushing, Oklahoma (my hometown) is currently the largest oil storage facility in the world. crude oil levels continue to border on the five-year average lows,” Oleszek said in an email to Hart Energy. We deliver exclusive insight into inventory, utilisation, and capacity changes at the tank, operator and location levels for floating and fixed-roof tanks. It can hold 100 million barrels of oil which is about 112 days of national gasoline consumption and about 15% of total U. To be sure, most surplus crude barrels will flow directly to the Gulf Coast from the growing production regions. mvcpg lddf tepkknx bhpzx vwnbf svrm mvqp dfafi zwl gzbjtw vthemji ynls wgl ghdi ulzfhi