Oil storage tanks at the Cushing hub sit at low capacity. Each tank has a floating lid that rises and falls with the oil inside to prevent product evaporation and buildup of explosive gasses in the headspace. Oil investors and oil market intelligence firms monitor the height of these lids to determine how much oil is in each tank. A lower lid indicates less oil in storage. Photo by Caleson Coon.
A look inside the low oil stores in the Cushing HUB
CUSHING – Although some could say The Cushing Hub storage took a hit when the war between the U.S. and Iran reawakened, Rick Ahrberg, President of Ahrberg Milling Co., believes otherwise.
“I think it goes back before the war, and the reason I say that is because that infrastructure, it had to be laid in the ground a long time ago,” Ahrberg sa…
