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-   -   Wti @ 0 (https://www.offshoreonly.com/forums/general-boating-discussion/365917-wti-%40-0-a.html)

open87 04-20-2020 01:25 PM

Wti @ 0
 
Wow!

Wildman_grafix 04-20-2020 01:37 PM

Yes that really isn't good news

open87 04-20-2020 01:40 PM

Oil -37.25 -55.52 -303.89%

I am in the heart of oil land manufacturing...911 moment...

Edited / There is-

Billions of dollars of equipment / manufacturing / service in a 5 mile radius.







Indy 04-20-2020 03:58 PM

Ummm...what is that?

Interceptor 04-20-2020 05:09 PM

Running out of places to store oil is becoming a issue.

AllDodge 04-20-2020 05:13 PM

The Gov't should buy all it can and put into strategic reserves, to replenish

underpsi68 04-20-2020 05:32 PM


Originally Posted by AllDodge (Post 4734721)
The Gov't should buy all it can and put into strategic reserves, to replenish

They have been.

AllDodge 04-20-2020 05:52 PM


Originally Posted by underpsi68 (Post 4734723)
They have been.

Sounds good, any record of that happening?

underpsi68 04-20-2020 05:59 PM


Originally Posted by AllDodge (Post 4734728)
Sounds good, any record of that happening?

Sorry thought I read they are buying already. Very soon though. Price is lower now and might go lower.
https://oilprice.com/Latest-Energy-N...m-Reserve.html

seafordguy 04-20-2020 06:10 PM

Believe they have already started - that article is a month old.

I think I read one of the issues is that we are filling up that 77M capacity too quickly....


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