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Floating Oil Storage Possible Again

By Vorys

According to this report in the WSJ, higher futures prices relative to near-term prices (contango) may encourage the increased use of supertankers to store crude oil offshore.  [Subscription required.]

Tags: Oil, Energy

Helping clients with their energy and environmental needs

You can expect to find news and breaking legal developments involving the crude oil and natural gas industries, alternative and renewable energy resources, and the latest environmental issues.