With demand sapped, world awash in oil
Chris Kahn Associated Press Writers
Supertankers that once raced around the world to satisfy an unquenchable thirst for oil are now parked offshore, fully loaded, anchors down, their crews killing time. In the United States, vast storage farms for oil are almost out of room.
As demand for crude has plummeted, the world suddenly finds....
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Strategy storage Demand increase began in ‘80s
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