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Happened with crude oil in 2020. If you’re still going to produce it but have no where to store it you need to pay people to receive a shipment of 10,000 barrel
by teaearlgraycold 3y ago
Happened with crude oil in 2020. If you’re still going to produce it but have no where to store it you need to pay people to receive a shipment of 10,000 barrels.
- Obscurity4340 3y agoSo why don't they put that towards their own capital in terms of expanding retention capacity?
- djbusby 3y agoThe traders have no place to store it. No method to retain, unless you pay rent, which puts pressure on your trade.
- Obscurity4340 3y agoSo why are they bitching about this or is it simply like a niche interest piece? Like why should anybody care about this?
- creer 3y agoIt's fun to quote. Much less fun to explain that it's the normal process.
- Obscurity4340 3y agoIm exhausted already