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it happens at weird critical points like when the price of crude was negative in june/july when no one would take physical oil in oklahoma
by _jahh 6y ago
it happens at weird critical points like when the price of crude was negative in june/july when no one would take physical oil in oklahoma
- samatman 6y agoSure, but what the article was proposing is analogous to a situation where the price of crude becomes so negative that gas stations start giving away gasoline at the pump.
- imtringued 6y agoPrices are negative because nobody expected such a scenario. Otherwise someone would have bought it off for at least $0.