4 ms·
Remember when front month oil futures went negative? This is why. We pumped too much oil and there is nowhere for it go. Eventually infrastructure fails
by o-__-o 6y ago
Remember when front month oil futures went negative? This is why.
We pumped too much oil and there is nowhere for it go. Eventually infrastructure fails
- sandworm101 6y agoThen pump it back down to where we found it.
- omegaworks 6y agoProbably can't do that. If it was fracked, the area where it was found is now full of a denser slurry of water and minimally-regulated hazardous chemicals[1]. 1. https://www.fractracker.org/resources/oil-and-gas-101/fracking-fluid/ https://www.fractracker.org/resources/oil-and-gas-101/fracki...
- baud147258 6y agoand even for oil that's not extracted by fracking, oil is still mostly leaving the reservoir on its own (though you have then to pump it to the surface)