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On April 13, 2007, WTI Crude at Cushing lost its status as a gauge of world oil prices[2]. A large stockpile of oil at the facility (mainly due to a Valero refinery shutdown[3]) has caused prices to be artificially depressed at the Cushing pricing point.

This text was added to wikipedia on April 15th


by Laurent GUERBY on Mon May 28th, 2007 at 05:36:13 PM EST
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