Current PAA Stock Info

With so much oil being produced in the U.S. and nowhere to store it, why are we still importing?
Crude oil stocks continued to build last week to levels well above the five-year average as global oversupply persists. Production in both OPEC and non-OPEC countries is beginning to decline, according to information from the IEA, but demand still has not caught up with the amount of oil being pumped out of the ground. And sanction-free Iran is telling the world it will ramp up to 4 MMBOPD.

Many producers continue to transport their crude in...


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