It was only a matter of time, really. With demand decimated by the coronavirus and Saudi Arabia on the oil warpath, the imbalance between oil supply and demand deepened dramatically, raising the ...

As discussed in our prior alert and reported on by the New York Times, U.S. oil producers are scrambling to find storage to wait-out the COVID-19-driven supply glut and depressed market prices.

Crude storage tanks in the United States are nearly 65 percent full as record low oil prices and falling fuel demand caused by the coronavirus pandemic take their toll on the industry. After in ...

People are probably a bit confused to see constant references to full storage tanks, and then data from the Energy Information refers to U.S. crude storage capacity utilization being less than 60% ...

Sunoco Midstream has received the go-ahead from the Selma Town Council to add another above-ground fuel storage tank at its ...

Normally, the westward view from Long Beach, California is serene, with shimmering turquoise stretching for miles towards the horizon. Normally, that horizon is not dotted with dozens of oil ...

The company that operates the trans-Alaska pipeline has called in backup crews to contend with massive amounts of snow piled on top of its oil storage tanks in Valdez, which has damaged infrastructure ...