Crude Oil Storage Full in Cushing

Описание: Crude oil prices are being forced downward, in part, because of the massive amount of crude oil in storage tanks in Cushing Oklahoma. The facility is setting new records each week for the amount that is being held back because of low prices. Steve Agee, Dean of the Meinders School of Business and Oklahoma City University says the oil glut is simply due to the over-production by U.S. producers.

This story aired on the ONR on OETA-The Oklahoma Network. For more information, go to the ONR web site http://www.oeta.tv/programs/onr. For more about OETA-The Oklahoma Network, visit www.oeta.tv.