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Started By
Message
Oil to $2.50
Posted on 4/20/20 at 12:38 pm
Posted on 4/20/20 at 12:38 pm
Will it go negative?
14
Posted on 4/20/20 at 12:39 pm to tiger1014
link?
Posted on 4/20/20 at 12:39 pm to Buckeye Jeaux
May contracts will probably go negative.
Posted on 4/20/20 at 12:41 pm to tiger1014
Posted on 4/20/20 at 12:42 pm to tiger1014
quote:
Will it go negative?
You will have to pay them to take your oil since you cant dump it in the ditch
This post was edited on 4/20/20 at 12:43 pm
Posted on 4/20/20 at 12:43 pm to BhamDawg
They gonna pay me to take their gas now?
Posted on 4/20/20 at 12:44 pm to Brosef Stalin
Not you
Posted on 4/20/20 at 12:44 pm to tiger1014
For the love, this is INSANE. How???
Posted on 4/20/20 at 12:45 pm to Brosef Stalin
quote:
They gonna pay me to take their gas now?
Sucks that refined gasoline goes bad relatively quickly all things considered
I would fill up a 50,000 gallon or more storage tank with the stuff otherwise
This post was edited on 4/20/20 at 12:46 pm
Posted on 4/20/20 at 12:45 pm to dreigh
quote:
How???
The state has mandated everyone hide under their beds.
Posted on 4/20/20 at 12:47 pm to tiger1014
Big difference between this and the “price of oil”.
ETA: I was (badly) making the point that futures and spot pricing are different. Moot point, really.
ETA: I was (badly) making the point that futures and spot pricing are different. Moot point, really.
This post was edited on 4/20/20 at 1:14 pm
Posted on 4/20/20 at 12:48 pm to tiger1014
How much do the barrels go for minus the oil in them?
Posted on 4/20/20 at 12:49 pm to tiger1014
The barrel costs more than the contents
Posted on 4/20/20 at 12:50 pm to RebelExpress38
Companies essentially will have to pay people to take oil from them
Posted on 4/20/20 at 12:51 pm to burke985
Dims master plan is working
Posted on 4/20/20 at 12:52 pm to YF12
quote:
Sucks that refined gasoline goes bad relatively quickly all things considered
Not ethanol free
Posted on 4/20/20 at 12:52 pm to burke985
.90 right now
Posted on 4/20/20 at 12:52 pm to burke985
quote:
Dims master plan is working
This is not good for renewables lol.
Posted on 4/20/20 at 12:53 pm to Brosef Stalin
I should be able to hit QT, get a soda and a free tank of gas by Wednesday
Posted on 4/20/20 at 12:54 pm to TejasHorn
42 gallon barrels are definitely more but they are reused hundreds of times in some cases
Anyway barely any oil is shipped in actual barrels. That's what pipes, trains, and large ships are for
Anyway barely any oil is shipped in actual barrels. That's what pipes, trains, and large ships are for
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