Monday, April 20, 2020

Petroleum at 1970's Prices!

Holy wah!

Oil prices crashed the most on record with the May WTI futures contract hitting its lowest level since 1999, plunging as low as $11 or down 38%, as nobody wants to take actual physical storage amid widespread fears crude storage will soon be full...

In the '60's, WTI was about $10.00/bbl.

Next thing:  a revival of chrome on cars!!

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