[PeterPrinciple]

This larger inventory is in pipelines,

---

Well, lets build more storage then...................

[painter]

They are. The only problem is when you max out your storage while wells are still pumping out 9.5 million barrels a day you can't build them fast enough.

Why don't they just "cap" them?

They can't,oil companies spent hundreds of billions of dollars drilling those wells and owe the banks all that money. So they have to keep pumping no matter the price so they can make the bank payments.