US commercial crude storage could hit its capacity in mid-May as refinery demand and US oil exports each plunge about 30%, triggering widespread production cuts and shut-ins throughout the country, according to Plains All American Pipeline. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The major US crude pipeline operator wrote a letter this week to the Texas energy regulator in advance of the Texas Railroad Commission’s emergency meeting Tuesday to discuss potentially mandating production reductions in the state because of collapsing global demand amid the coronavirus pandemic. In late March, Plains began asking crude oil producers to start reducing output to keep the US from rapidly running out of storage space, […]