US crude oil storage capacity utilization… EIA

June 22, 2016 by Jim Colburn Leave a Comment

Here are some oil storage and capacity utilization charts from the always excellent EIA (http://www.eia.gov/todayinenergy/detail.cfm?id=26772):

“Despite the large expansion in crude oil storage capacity, the net effect of capacity growth and increased inventories resulted in high storage utilization rates. Storage utilization at Cushing, Oklahoma, averaged 87% over the past four weeks, compared with 81% for the same period last year. U.S. Gulf Coast region storage utilization rates averaged 72% over the past four weeks, after never being more than 70% in the previous four years.”

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