What could go wrong with that?
Do they have any idea what $2M worth of oil even looks like?
This is going to be funny, I don't care who you are.
/johnny
I have no idea how much it costs to store it for a year, but they could buy it today for $35/brl and buy futures guaranteeing they’ll get $50/brl for it in May (or $59/brl next January). Could be a good investment if there’s lots of unused tanker capacity that can be obtained cheaply at the moment.