Barrels are $11, not a nickel.
https://www.washingtonexaminer.com/p...eled-free-fall
99% due to futures contracts. But still...that's insane.
Barrels are $11, not a nickel.
https://www.washingtonexaminer.com/p...eled-free-fall
That was this morning. It's currently near minus $10 a barrel.
Now minus $11.42
https://www.cnbc.com/quotes/[email protected]
The system's broken. Lowest was around -40 and now Etrade is showing it at 125 (positive).
Apparently didn't much hurt my energy stocks. They're about as low as they're gonna go short of chapter 11.
God what is the bottom of this? It's near minus $14 a barrel now.
Now -28.00. No idea how this will shake out.
Trump is gonna get on the phone with Putin and BoneSawman
this will all go away by supper time
MAGA
Free gas and nowhere to go
It'll go away tomorrow. It's all related to the May contract expiring today. Next month's contract is at $20.00 or so.
It's just crazy to watch.
So I can buy a barrel for $11? I'll take two. Keep the oil.
a question for you economic giants
I will be paid $14 to take barrel of oil home?
Contract settled at -37.63/bbl.
& then you'll have to refine it into gasoline yourself
Nowhere to put all that sweet sweet crude.
Opec+ already agreed to 9m barrels/day cut, but not until next month, they're shipping oil to the US as we speak
You gotta pay shipping & handling, plus have a place to store it.
I have Prime, does that help?
Bend over, I'll ing show you where to put the sweet sweet crude.
I'll give you $100 if you take a barrel of it home and soak yourself in it until you drown.
Black Gold, Texas Tea.... boom Jed's a millionaire
They're fighting it tooth & nail here in AZ., by God:::$2.37/gal.
I remember when oil crashed last time. There were a dozen loaded oil tankers parked off of Port A just storing unwanted oil...We would be fishing offshore and cruising the tankers looking for Ling hanging out in the shade.
You could drive to Cushing, OK and pick it up tbh. Ask hater if he's got space in his bunker for a couple of barrels. Or maybe Dale could roll em home.
Meh just dump them in the river on the way back. That 's legal in Oklahoma anyways.
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