If supply exceeds demand, and supply is basically a waste product of creating other supply to meet demand, you very well may have to pay people to take it away. Kinda like “recycling”: I’ve got stuff that _could_ be used, but just dumping it costs me more than paying you to take it away for reuse.
It is not a waste product. This is oil from the wells.
by the way, this looks to be fake. The link below is to the real bulletin prices. Click on Jan 15 and the price shows as $1.5, not -$0.5.
https://www.fhr.com/refining/bulletins.aspx
Cheaper to pay a little bit to get rid of certain crude blends to keep the larger refinery and pipelines going.
By the way, this IS part of Obola’s AND his allies overseas to destroy the TX, OK, ND, PA and oil state economies. He HATES the oil patch!