Timeline for Could I make money off of the negative oil price?
Current License: CC BY-SA 4.0
13 events
when toggle format | what | by | license | comment | |
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Apr 24, 2020 at 14:47 | comment | added | Drew Stephens | @Taemyr Worse than providing a tanker, I think it is expected that you have fixed storage space in Cushing, OK already connected to the pipelines there. | |
Apr 23, 2020 at 14:32 | comment | added | Criticizing Israel not allowed | @WoodrowBarlow I don't read these data sheets for a living, but it looks like a normal level of toxic to me, not "extremely" toxic. | |
Apr 23, 2020 at 13:45 | comment | added | Woodrow Barlow | also, crude oil is extremely toxic and could easily kill someone who doesn't have the equipment and training to handle and store it. | |
Apr 22, 2020 at 10:50 | comment | added | Taemyr | @CarlKevinson In fact I think you would be expected to provide the tanker. | |
Apr 22, 2020 at 1:36 | comment | added | Paul D. Waite | @user17915: huh, I guess so, maybe. If they give me a barrel I'll be happy. | |
Apr 22, 2020 at 1:01 | comment | added | user17915 | @PaulD.Waite if you had your negative money back wouldn't you be paying someone instead? | |
Apr 21, 2020 at 23:22 | comment | added | Paul D. Waite | @CarlKevinson "No handy dandy barrel included" — what? This is bullsh—. I want my negative money back. | |
Apr 21, 2020 at 23:05 | comment | added | Riking | Also, the specific contract that went negative is specified for delivery through a pipe in Oklahoma. | |
Apr 21, 2020 at 21:38 | comment | added | David says Reinstate Monica | Also the contracts being traded here generally operate at the scale of 1000 barrels. So you need to hold at least 1000 barrels. | |
Apr 21, 2020 at 19:33 | comment | added | Carl Kevinson | What's worse is that the 'barrels' being talked about are units (like liters), not physical barrels. If you were to 'buy' 100 barrels for negative $3,000, you'd have someone in a tanker show up and ask what to pump it into. No handy dandy barrel included. | |
Apr 21, 2020 at 18:14 | history | edited | Nosjack | CC BY-SA 4.0 |
removed potentially insulting comment on OP's name (obviously not intended)
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Apr 20, 2020 at 20:25 | history | edited | Nosjack | CC BY-SA 4.0 |
edited for clarity
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Apr 20, 2020 at 20:07 | history | answered | Nosjack | CC BY-SA 4.0 |