Thursday, December 5, 2013

U.S. Crude-Oil Glut Spurs Price Drop

The U.S. Gulf Coast—home to the world's largest concentration of petroleum refineries—is suddenly awash in crude oil. So much high-quality oil is flowing into the area that the price there has dropped sharply.



from WSJ.com: US Business http://online.wsj.com/article/SB10001424052702303722104579239831640276094.html?mod=pls_whats_news_us_business_f

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