6 ms·
If you owned an oil ship, what stops you from getting paid $25 a barrel to fill your ship up with oil, sailing to international waters, dumping it all in the se
by csense 6y ago
If you owned an oil ship, what stops you from getting paid $25 a barrel to fill your ship up with oil, sailing to international waters, dumping it all in the sea, then go right back to port and do it again and again getting paid $25 a barrel each time?
- deleted 6y ago[deleted]
- bouncycastle 6y agoThese are only the prices of the "futures contracts". i.e. oil that hasn't been produced yet, as far as I understand. Actual physical oil still has a price > 0. (Spot price) Here is a page that includes some spot prices https://oilprice.com/oil-price-charts https://oilprice.com/oil-price-charts
- bradjohnson 6y agoWhat would stop you from doing that with any unwanted garbage?
- nimchimpsky 6y agoethics ?
- NamTaf 6y agoProbably various international treaties signed by the nation under which you're flagged.