ABC News | US Running out of Room to Store Oil; Price Collapse Next? ABC News The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming months. For the past seven weeks, the United States has been producing and importing an average of 1 million ... As US runs out of room to store oil, prices continue to drop Why there was a sudden trend reversal in oil prices? Oil tumbles on Iran, Libya; worry about high supply returns |