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Production customer called today and cancelled orders.

Posted on 4/20/20 at 10:37 pm
Posted by SOLA
There
Member since Mar 2014
3822 posts
Posted on 4/20/20 at 10:37 pm
Said the refinery they send their oil to wants $18 per barrel to take it. Unreal
Posted by lsu31always
Team 31™
Member since Jan 2008
108136 posts
Posted on 4/20/20 at 10:38 pm to
Thanks for the update
Posted by Fat and Happy
Baton Rouge
Member since Jan 2013
20258 posts
Posted on 4/20/20 at 10:45 pm to
Well baw, you had a nice run in oil and gas.

Might want to fire up the ole resume
Posted by Jim Rockford
Member since May 2011
106127 posts
Posted on 4/20/20 at 10:52 pm to
Tell him I'll take it for 16.
Posted by zippyputt
Member since Jul 2005
7261 posts
Posted on 4/20/20 at 10:55 pm to
Futures for June and July are already up over 20 a barrel
Posted by biglego
San Francisco
Member since Nov 2007
85576 posts
Posted on 4/20/20 at 10:57 pm to
Tell him to learn to code
Posted by Turbeauxdog
Member since Aug 2004
24279 posts
Posted on 4/20/20 at 11:23 pm to
quote:

Futures for June and July are already up over 20 a barrel


They’ve never went below $20
Posted by zippyputt
Member since Jul 2005
7261 posts
Posted on 4/20/20 at 11:40 pm to
Futures for May were negative. My point was, the futures were higher than for the negative numbers we see now, so don't panic too much. Not good, but don't sell the farm yet.
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