Excess Crude In U.S. Now Stored In Railcars

Published March 1, 2016 at 1:33 PM EST
  • Facebook
  • Twitter
  • LinkedIn
  • Email

Your browser doesn’t support HTML5 audio
Railroad tanker cars sit outside of the Chevron refinery July 14, 2008 in Richmond, California. (Justin Sullivan/Getty Images)

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.

  • Read more in The Wall Street Journal

    • Guest

  • Jason Bellini, senior producer at The Wall Street Journal. He tweets @jasonbellini.

    • Copyright 2021 NPR. To see more, visit https://www.npr.org.

    • Facebook
    • Twitter
    • LinkedIn
    • Email