Tags

, ,

So, West Texas Intermediate crude just (if briefly) traded in NEGATIVE territory – meaning nobody wants the oil and they have to pay people to take it. Free-loading Amerikants might think that’s a good deal, especially for gasoline. And, it will be – while current supplies last. Then, we find out what happens when there is no profit in gas or oil at any price. My guess is that it means a shortage.

It’s like when you’re driving and the oil gauge drops to zero. Either the gauge is broken, or else your engine is about to seize.

This may be just as well as Amerikants have nowhere to drive and nothing to do there anyway. Interesting times.