Crude oil’s spectacular plunge below $0 a barrel

[rockytopva]

Crude oil fell below $0.00 a barrel this week. Who would have thought that in 2020 you would not be able to give it away? I thank God for putting all that oil in the ground to begin with! We have used it well!

About 150-years of oil-price history in one chart illustrates crude’s spectacular plunge below $0 a barrel

 

[Heart2Soul]

Crude oil fell below $0.00 a barrel this week. Who would have thought that in 2020 you would not be able to give it away? I thank God for putting all that oil in the ground to begin with! We have used it well!

About 150-years of oil-price history in one chart illustrates crude’s spectacular plunge below $0 a barrel

I was watching that report on the news but they said that it would be at 20 dollars a barrel by tomorrow. (Which is today I guess)

 

[Timtofly]

It means all those false prophets who said we would run out of oil, were wrong???

 

[Heart2Soul]

It means all those false prophets who said we would run out of oil, were wrong???

We can't run out of oil....the earth actually continues to produce it.