Excess Crude In U.S. Now Stored In Railcars

Excess Crude In U.S. Now Stored In Railcars
Railroad tanker cars sit outside of the Chevron refinery July 14, 2008 in Richmond, California. (Justin Sullivan/Getty Images)
Excess Crude In U.S. Now Stored In Railcars
Railroad tanker cars sit outside of the Chevron refinery July 14, 2008 in Richmond, California. (Justin Sullivan/Getty Images)

Excess Crude In U.S. Now Stored In Railcars

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Oil prices have been rebounding this week from historic lows – but those lows have had a big impact on oil supplies in the U.S. There is such a glut of crude oil in the U.S. right now, that traders are running out of storage options, and they’re turning to empty railcars. Here & Now’s Robin Young talks with Jason Bellini of The Wall Street Journal about the implications.

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