I wonder what the market on *storage* is saying right now. What is the cost of a tanker in harbor, a Cushing vat, etc. I would bet on those going up.
-
-
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Yes...there is no where to put the excess right now and you can’t poof a couple million barrels of storage capacity into existence.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
I’ll put a couple hundred barrels in my back yard.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Seems today’s oil price is result of people investing in a physical commodity, and freaking out when time came to take actual possession of it. “I’ll PAY you $40/barrel to take it today! No way can I pick up 10,000 barrels, I’m just a dweeb in a cube!”pic.twitter.com/RT548YFSdZ
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.