Oil Prices Go Negative!

[Silver Bullitt]

Oil prices went negative today for the first time in history. There is such a glut in inventories, there's no room to store it.

Now, where's the free gas?

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[RalphK]

In my state they must not have gotten the message, $2.59 is the cheapest I have found.
Glad I didnt have any oil futures

 

[BLUE DEVIL]

Time build up our reserves! Use the war-power production act to build storage facilities, and pump oil back into depleted US oil fields!!!!!!!!!!

 

[shogun32]

Time build up our reserves! Use the war-power production act to build storage facilities, and pump oil back into depleted US oil fields!!!!!!!!!!

I mean isn't carbon sequestering the wet dream of the eco-nazis? What better way to sequester filthy carbon than to shove it back down the bore hole.

 

[Coolmanfoo]

Time build up our reserves! Use the war-power production act to build storage facilities, and pump oil back into depleted US oil fields!!!!!!!!!!

Hahahaha

 

[David Schmidt]

It is our patriotic duty to burn those dinosaur carcasses. Gentlemen, start your engines!

 

[v8hgt]

If I had land and lived in the middle of nowhere like some of the people on this forum I would be taking as many barrels as I could off the oil fields for nothing and storing them. It’s not going to go off and in a couple of yrs time when everyone else has gone fully electric, you could still be driving about in a crude powered diesel truck. You can run old diesels on used chip fat so I bet it wouldn’t take much to run one on crude oil.

 

[shogun32]

You can run old diesels on used chip fat so I bet it wouldn’t take much to run one on crude oil.

alas crude is well crude and just filthy. And in this case probably Texas sour which is more akin to the black tar the road crews use to seal cracks or for chip and tar "paving" than the oily yet clear elixir that is diesel.

It is our patriotic duty to burn those dinosaur carcasses. Gentlemen, start your engines!

I hereby decree that NASCAR races will be doubled in length by having a Sat and Sunday race. And this will double the consumption of tires as well. And perhaps Danica will once more be allowed to suit up. It'll be called the Extra-Chance Cup.

And all restrictions on Army helicopter flights, and Navy flight operations are also removed. Air Force can train all day and all night - especially the Warthog squadrons. We've got plenty of that depleted uranium that needs shot too.

And forget the 'a chicken in every pot' nonsense when it should be a TT or super-charged 8 cylinder in every parking spot. If you're gonna print money, at least do something useful with it.

 

[Hack]

Time build up our reserves! Use the war-power production act to build storage facilities, and pump oil back into depleted US oil fields!!!!!!!!!!

Trump has been doing some buying back of oil. I agree it's a good idea.

Oh, and by the way they just discovered a huge reserve of oil along a pipeline (I think it was in Alaska). The US has HUGE reserves of oil that will last for hundreds of years.

 

[Deleted member]

Oil prices went negative today for the first time in history. There is such a glut in inventories, there's no room to store it.

Now, where's the free gas?

Gotta love our kommifornia gas taxes, i have cousins in wisconsin paying under a dollar a gallon. Must be nice

 

[RaceRed5.0]

Well its our duty as 5.0 owners to burn off as much fuel as humanly possible. I suggest burnouts, long pulls, and late night street races in Mexico. We are all in this together GT/350/500 owners!!!!

 

[shogun32]

We are all in this together GT/350/500 owners!!!!

hey my EB can suck down fuel too!

 

[FreePenguin]

Odd

1.39 for 93 here in Dayton,
30 mins away I needed fuel in Richmond Indiana. 3.10 a gallon! Holy hell

I only got two gallons to get me back to Ohio

 

[13GetThere]

Well I will finally be able to drive my 13.2 mpg F250 and be guilt free.....................................Just kidding, I've always been guilt free, it just hurts the wallet. Maybe it wont now.

 

[RaceRed5.0]

hey my EB can suck down fuel too!

You're invited too.

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