InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,311.08
(
0.15%
)
US TECH 100
18,166.20
(
0.53%
)
Dow Jones
39,851.90
(
-0.38%
)
Brent Oil
83.56
(
-0.05%
)
Bitcoin
68,515.49
(
3.56%
)
Post# of 2147
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

dubbya

Send PM Follow Ignore
Followers 9
Posts 502
Boards Moderated 0
Alias Born 07/30/2013

dubbya

Re: None

Thursday, 02/12/2015 10:37:48 AM

Thursday, February 12, 2015 10:37:48 AM

Post# of 2147
Don't look for total oil storage capacity to approach 100%.

"As much as 20 percent of total, or 'shell' capacity, is left empty for safety reasons, or for blending and maintenance".

So true storage capacity is closer to 80% at best.

http://energyindustryphotos.com/largest_oil_storage_facility_in.htm
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up