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Oil prices now at “negative values,” meaning oil producers have to pay people to take it off their hands and store it because when demand plunges (like now), that is less expensive for them than building more storage and/or shutting wells down.https://twitter.com/no_such_zone/status/1252306248260816897 …
For more of my work check out my crowning achievement (so far), the story of Laquan McDonald in Chicago, below. Right now I'm freelancing for Wash Post & doing other reporting on the PPE supply chain, the latter funded partly by an anti-monopoly think tankhttp://america.aljazeera.com/opinions/2015/12/real-police-reform-is-unlikely-in-chicago.html …
This is a difference worth noting. Thanks for sharing. (Devil's in the details.) But it seems like the general idea is the same.https://twitter.com/epnohelty/status/1252325301184606209?s=20 …
I’m new to this whole thing. Can you direct me to where I can learn more about hedging?
Store it next to those tanks that we are never going to use.
Or dump it all onto the market and crash this shit.
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