Oil prices could fall below zero

[Indecisi0n]

the smart money is on frozen concentrated orange juice

Haha. That was good !

 

[olroadbeech]

I heard on the news today that there are places in the US where gas is below a buck a gallon but in California its STILL 3-4 bucks a gallon.

we are paying 3.69 here. UPS profits should exceed expectations . good for my stock dividends.

 

[IVE GOTTA PACKAGE 4U]

we are paying 3.69 here. UPS profits should exceed expectations . good for my stock dividends.

Wrong again

 

[It will be fine]

We all oil sheiks now.
I’m going to dump all mine in a Cleveland river and set it on fire to celebrate.

 

[rod]

we are paying 3.69 here. UPS profits should exceed expectations . good for my stock dividends.

I paid $1.19 at Costco a few days ago.

 

[rod]

I think its been said before----I feel like I'm 16 again---cheap gas and I'm grounded.

 

[DriveInDriveOut]

Trump seeks to add 75 million barrels of oil to Strategic Petroleum Reserve amid historic price crash

 

[Box Ox]

Trump seeks to add 75 million barrels of oil to Strategic Petroleum Reserve amid historic price crash

Perfect time to do it.

 

[Brownslave688]

I'm sure a few people will be jumping out some windows tonight

And if they test positive for the rona they’ll be another number on the pile.

 

[IVE GOTTA PACKAGE 4U]

And if they test positive for the rona they’ll be another number on the pile.

Don't bet where you cannot afford to lose

 

[Brownslave688]

we are paying 3.69 here. UPS profits should exceed expectations . good for my stock dividends.

Fat chance

 

[BrownArmy]

Lmao

 

[newfie]

I’ve actually been thinking about moving away from stock market index funds that include oil-based US energy companies. Oil prices are way too low for them to be able to pay some big debts they’ve got coming due over the next few years.

buy on the dip.

 

[detmaintainer]

Gas in the D yesterday.

 

[yadadamean116]

Oil down = UPS profit up

Not exactly. Oil is negotiated at a certain price for a decent amount of time.

 

[BrownFlush]

Not exactly. Oil is negotiated at a certain price for a decent amount of time.

It does have a shelf life.
I'm no math guy, but 150,000 brown trucks filling up every day @ $1.50 a gallon and not $3.00 a gallon might add up.

 

[yadadamean116]

But they aren’t getting it at current levels. They technically pre buy it. So if they negotiated two dollars a gallon they will pay two dollars a gallon always until that contract ends

 

[Babagounj]

Paid $1.349 last week at Costco in MA.
{down $.84 since Feb}

 

[Babagounj]

But they aren’t getting it at current levels. They technically pre buy it. So if they negotiated two dollars a gallon they will pay two dollars a gallon always until that contract ends

But many refineries are currently paying anyone who has storage space to help empty their overflowing tanks.

 

[Babagounj]

Gas in the D yesterday. View attachment 292356

What's NY Size Coffee ?