This capacity use calculation reflects only crude oil stored in tanks or underground caverns at tank farms and refineries, and excludes some crude oil that is included in commercial inventory data, such as pipeline fill and lease stocks held in production areas. The latest official report in the US shows the US crude oil storage capacity utilization as of 2015 stood at c 60 % , this compares with a figure of 48 % last year , an increase of 25%.This calculation reflected only crude oil stored in tanks of underground caverns at tank farms and wells , and excluded some crude oil that is included in the commercial inventory data , such as pipeline fill and lease held stocks in production wells .
The latest official report in the US shows the US crude oil storage capacity utilization as of 2015 stood at c 60 % , this compares with a figure of 48 % last year , an increase of 25%.This calculation reflected only crude oil stored in tanks of underground caverns at tank farms and wells , and excluded some crude oil that is included in the commercial inventory data , such as pipeline fill and lease held stocks in production wells .