North Dakota's Bakken Oil Finally Hits the East CoastBy
One of the consequences of the U.S. oil boom is that all that crude gushing out of the Midwest has outpaced our ability to move it around. The result is a series of bottlenecks like the one in Cushing, Okla., where there are now more than 50 million barrels of oil stuck in tanks the size of 747s. That’s about a three-day supply of oil for the U.S., just sitting there.
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