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US crude price collapses, settles at minus $37.63 a barrel {Yes Negative Price] [ed]
Reuters ^ | April 20, 2020 | Stephanie Kelly

Posted on 04/20/2020 12:08:37 PM PDT by C19fan

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To: abb
Isn’t economic destruction what you psycho FearBros were after to begin with? I notice y’all aren’t talking about the virus cases or deaths anymore.

They took their hockey stick and went home.

41 posted on 04/20/2020 12:43:18 PM PDT by FreeReign
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Comment #42 Removed by Moderator

To: C19fan

The left once dreamed of a catastrophe like this. Their dreams came true.


43 posted on 04/20/2020 12:45:12 PM PDT by shanover (...To disarm the people is the best and most effectual way to enslave them.-S.Adams)
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To: rb22982

Meanwhile, Amazon stock continues to go up, up, up!

We can stay home and order Chinese junk online as the world collapses.

Madness.


44 posted on 04/20/2020 12:46:22 PM PDT by Deo volente ("When we see the image of a baby in the womb, we glimpse the majesty of God's creation." Pres. Trump)
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To: rb22982

I’d STILL rather hear it from another source. I trust roiders as far as I can throw ‘em.


45 posted on 04/20/2020 12:47:57 PM PDT by V_TWIN
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To: C19fan

AT $-37 a barrel, we can retire the national debt by filling the strategic oil reserve!

(Yeah, okay, I know futures prices don’t work that way . . . )


46 posted on 04/20/2020 12:48:23 PM PDT by Stosh
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To: Stosh
AT $-37 a barrel, we can retire the national debt by filling the strategic oil reserve!

Or let's renegotiate the trillions in US Debt China holds to say, a negative interest rate of 5%

47 posted on 04/20/2020 12:52:07 PM PDT by 1Old Pro (#openupstateny)
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To: shanover

Ever notice who comes to the rescue during a MAJOR crises? Evil bitches and bastards. Look to the left.


48 posted on 04/20/2020 12:53:40 PM PDT by gathersnomoss (Welcf theome to North Mexico, Gringo's it...)
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To: Presbyterian Reporter

Word to the wise. Do not play the futures market if you don’t know what you are doing.


I agree. I have never invested in futures, precisely because I have never researched how those futures markets work.


49 posted on 04/20/2020 1:02:10 PM PDT by Dilbert San Diego
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To: Deo volente

Yeah, you can order from Amazon if you’re willing to wait weeks to get something. Additioanlly, price seem to keep climbing everday. Been awhile since I bought something from Amazon now as a result.


50 posted on 04/20/2020 1:03:23 PM PDT by Obadiah (Kill the deep state or lose the Republic.)
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To: V_TWIN

You could just look at a price quote anywhere! I promise its legit


51 posted on 04/20/2020 1:03:47 PM PDT by rb22982
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To: Obadiah
Been awhile since I bought something from Amazon now as a result.

Yep, same here, Prime next day deliver is now Prime next month delivery.

52 posted on 04/20/2020 1:04:34 PM PDT by 1Old Pro (#openupstateny)
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To: 1Old Pro

At least here in the Dallas-area, I still pretty much get my Prime orders the next day, even got one the same day this weekend.


53 posted on 04/20/2020 1:05:53 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: shanover

What a story line for Mission Impossible, destroy the world’s economy, erase the lowest unemployment numbers ever, stop the most successful president in our nations history. My God, who would believe such a story.


54 posted on 04/20/2020 1:06:16 PM PDT by cabbieguy ("I suppose it will all make sense when we grow up"can't be counted)
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To: C19fan; All
Today is the 10 year anniversary of the Gulf Oil "spill" ...same exact day as the petro dollar collapse. Coincidence? I think not.
55 posted on 04/20/2020 1:06:17 PM PDT by Enlightened1
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To: rb22982

I get it. I just dislike roiders...and CNN..and msnbc...well you know


56 posted on 04/20/2020 1:06:47 PM PDT by V_TWIN
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To: Artcore
"I’m not going to waste time on you!"

Wise choice.

57 posted on 04/20/2020 1:12:41 PM PDT by Hugh the Scot ("We are domed!" - V V Camp Enari 67-68)
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To: abb

Yeah...China is back in line.

Nothing to see here.


58 posted on 04/20/2020 1:15:55 PM PDT by Vermont Lt
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To: V_TWIN

The price is not a function of Reuter’s.

It’s a function of the complete economic stop world wide. Not just in the US. China has stopped ( and not started back up.). Japan is stopped.

It’s not just us. We could open and it would barely move.


59 posted on 04/20/2020 1:18:10 PM PDT by Vermont Lt
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To: Vermont Lt

Why, hello psycho. They let you out for your afternoon stroll around the sanitarium?


60 posted on 04/20/2020 1:18:32 PM PDT by abb
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