My Account
Sign up, and you can make all message times appear in your timezone.
Sign up
Report problem with this ad
Start a related thread
Start a related poll
Reply via Boardmail
Mar 18, 2020
2:30
:40
pm
ditch
All-American
Or perhaps it costs more to store it than worth.
That's the only way my brain can see it being a negative value.
Start a related thread
Start a related poll
Reply via Boardmail
Report problem with this ad
ditch
New username
VenomFarmer
Bio page
ditch
Joined
Jan 16, 2006
Last login
Mar 2, 2022
Total posts
0 (0 FO)
Report problem with this ad
Messages
Author
Time
Oil prices could go below zero?
Goliath
3/18/20 2:10pm
They must be unaware of Utah's demand surge this morning.
BoiseBlueCoug
3/18/20 2:12pm
How does that happen? They would have to pay people to take their product?
byuluvr
3/18/20 2:12pm
I think it might mean that they sell for less than the cost of production?
Checks Out
3/18/20 2:13pm
Or perhaps it costs more to store it than worth.
ditch
3/18/20 2:30pm
If I understand it correctly it basically means there is more supply than demand
ordinary tri guy
3/18/20 2:13pm
yeah, because the cost of storing the oil is too high
Pasadena
3/18/20 2:21pm
The oil company pays you to take it? C'mon.
jkccoug
3/18/20 2:13pm
no understandy
Avery
3/18/20 2:20pm
Good times.
chilango
3/18/20 2:33pm
Rest assured consumers would still pay for all the oil products, but there is
NOCAL_YFAN
3/18/20 2:36pm
Good post. Hadn't thought of that.
jkccoug
3/18/20 8:30pm
Report problem with this ad
Posting on CougarBoard
In order to post, you will need to either
sign up
or
log in
.
Report problem with this ad