Free Fall, Oil Prices Go Negative

[Geoff Quickfall]

Ah!

Politics, I will not sacrifice my overproduction (devalue oil) until my competitors can no longer explore or support production that costs 30$ per barrel.

The Saudi’s have been oil production warring with the Russians for the last year knowing that Russian, American, Canadian ... oil costs more to produce then they can sell it for as long as the Saudis are flooding the market.

Geoff

So no where to store it, crazy world.