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re: Update, May crude oil futures now down to under $12

Posted on 4/20/20 at 1:49 pm to
Posted by fallguy_1978
Best States #50
Member since Feb 2018
49141 posts
Posted on 4/20/20 at 1:49 pm to
Holy shite. Oil is at negative $24 right now.
Posted by Duffnshank
Member since Jan 2019
663 posts
Posted on 4/20/20 at 2:02 pm to
I think it got to -35 or so but came back a little. This is stuff we will be telling kids and grandkids about for certain.
Posted by redstick13
Lower Saxony
Member since Feb 2007
38729 posts
Posted on 4/20/20 at 2:05 pm to
quote:

Holy shite. Oil is at negative $24 right now.



That's the rally price. It was at negative $35 at one point.

Anybody have a spare salt mine they aren't using?
This post was edited on 4/20/20 at 2:06 pm
Posted by BeepNode
Lafayette
Member since Feb 2014
10005 posts
Posted on 4/20/20 at 2:08 pm to
quote:

Holy shite. Oil is at negative $24 right now.



Nobody wants WTI right now, apparently. Brent, Dubai, Louisiana Light, and Natural Gas still hanging in there.

Posted by Sus-Scrofa
Member since Feb 2013
8258 posts
Posted on 4/20/20 at 2:19 pm to
I filled up my truck yesterday at .98 per gallon. By Wednesday I'm going to feel like I got ripped off.
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