Whoopsy:
4trac:

On a similar cost per mile note; oil prices were negative yesterday.  A hard concept to understand, as it relates to WTI futures prices and the production system having no place to store its oil production.  I'm pretty certain it won't translate into my local Esso dealer whereby he pays me to fill up my car.  laugh

 

Now if someone is determined, they could have 'bought' some contracts, pocket the money and re-sale the oil at a high discount to market price on delivery. Those are May delivery contracts, so still got a few days left to sort out delivery.

They just need to compete on price with crude already stored somewhere, and they have the price advantage. 

 

You will have another chance. Looks like it is going to be a rodeo again in May...


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GT Lover, Porsche fan

991.2 GT3 manual

Cayenne GTS 2014