![]() |
Quote:
|
Free-Falling: U.S. Oil Drops Below $3 Per Barrel As Demand Disappears
Quote:
Holy shit. When I found this headline, it said $3 a barrel, when I composed the post and clicked through to the story the headline had been updated to $2 a barrel. That's a LOT of CO2 staying in the ground. Less than $2 a barrel. |
The irony is that if/when local gas stations start going out of business, it will become much harder for the average suburbanite to get what gas they do need.
|
Quote:
|
Quote:
Quote:
Quote:
|
Quote:
Then start a recycling business. Collect unused Covid-19 to burn in those oil fires. Another economic solution. Imagine that. It was proposed in the Cellar before The Don could tweet it. |
People dont realise how this is gonna hurt the economy!!
|
Quote:
|
Welp, prices did not stay in the Land Of Surreal long. West Texas Intermediate 42 gallon barrel is $24-and-change, change maybe depending on which hour of the day you averaged.
With a buyer's market like that -- the Strategic Petroleum Reserve did not miss the opportunity -- a V-shaped economic recovery looms. Except in choke-collared places like New York, New Jersey and California, dammit. |
All times are GMT -5. The time now is 01:46 PM. |
Powered by: vBulletin Version 3.8.1
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.