Cushing Economic Development Foundation

Economic Development

Cushing is the “Pipeline Crossroads of the World” for crude oil, with approximately 100 million barrels of storage in the tank farms surrounding the community. Cushing is the delivery point for West Texas Intermediate, a blend of US light sweet crude oil streams traded on the New York Mercantile Exchange.  Cushing's strategic position as a major hub in oil supply led to WTI's development as a significant physical market price reference or benchmark for over three decades. Cushing is the most significant trading hub for crude oil in North America, connecting the Gulf Coast suppliers with northern consumers.  

The community of Cushing, Oklahoma, is located in Payne County on U.S. Highway 33, a divided four-lane highway that extends from Tulsa, Oklahoma west to just north of Oklahoma City, Oklahoma east.  Geographically, Cushing is at the center of Oklahoma and the United States with quick access to Interstate 35, Interstate 44 and Interstate 40 allowing for transported goods to go north, south, east and west rapidly.