The Incidence of an Oil Glut: Who Benefits from Cheap Crude Oil in the Midwest?
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Beginning in early 2011, crude oil production in the U.S. Midwest and Canada surpassed the pipeline capacity to transport it to the Gulf Coast where it could access the world oil market. As a result, the U.S. "benchmark" crude oil price in Cushing, Oklahoma, declined substantially relative to
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美国国家经济研究局创建时间：
2012-06-01
