August 13, 2015 – Reuters
Indiana refinery outage escalates fears Cushing will top out
By: Catherine Ngai
Concerns among oil traders are escalating that a combination of surprisingly resilient U.S. shale production and lower autumn refinery demand will cause storage tanks in Cushing, Oklahoma, to fill to the brim with surplus crude as early as October.
The biggest U.S. refinery in the Midwest is suffering through an unexpected outage that may take months to resolve. The shutdown may free up enough crude to top off Cushing in just...