OPEC Threatened by Tiny Oklahoma Town

For OPEC, there are few enemies more fearsome than the tiny Oklahoma town of Cushing.

With oil inventories at Cushing creeping near an all-time high, U.S. benchmark futures prices are struggling to advance despite the promised production cuts agreed to by OPEC, Russia and other producers. And the storage tanks are likely to stay full as refiners park crude in Oklahoma to lower their tax bills.