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Old 04-21-2020, 3:18pm   #21
The_Dude
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Today it's -$36.73 a barrel. With prices like this, why hasn't the government or even local states buy oil and store it. You know it will go back up again.


https://news.yahoo.com/oil-crashes-l...113552445.html
I wonder why yahoo is reporting +$9.00
https://finance.yahoo.com/quote/CL=F?p=CL=F
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Old 04-21-2020, 5:13pm   #22
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I wonder why yahoo is reporting +$9.00
https://finance.yahoo.com/quote/CL=F?p=CL=F
Look at the bid/ask though. Bid of $0, ask of $19. Volume very low at 12,000 contracts, normal is something like 800,000.
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Old 04-21-2020, 5:36pm   #23
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So when I go to get gas and put in my debit card, do the gas stations deposit money into my account?
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Old 04-21-2020, 9:19pm   #24
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So when I go to get gas and put in my debit card, do the gas stations deposit money into my account?
Yes.

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Old 04-21-2020, 9:26pm   #25
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Now gas prices just need to drop. It’s still over $2 a gallon in Utah :/
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Old 04-21-2020, 11:36pm   #26
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$1.16 for regular this morning in DFW.
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Old 04-22-2020, 6:30am   #27
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Yes.

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Looking forward to it !
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Old 04-22-2020, 7:56am   #28
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$1.79 at Costco here but I have a full tank of the expensive gas still
And still up $7.00 a share in my RDS-A
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Old 04-22-2020, 9:44am   #29
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$1.79 at Costco here but I have a full tank of the expensive gas still
And still up $7.00 a share in my RDS-A
So what are you doing here? Go burn off that expensive gas, so you can fill up with the cheap stuff.
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Old 04-22-2020, 10:00am   #30
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So what are you doing here? Go burn off that expensive gas, so you can fill up with the cheap stuff.


Just look at all the $$$ he'll save.
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Old 04-22-2020, 10:26am   #31
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I know.......right
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Old 04-22-2020, 11:49am   #32
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$1.53 here
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Old 04-22-2020, 8:02pm   #33
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what's the downside to the US purchasing and stockpiling from the middle east/russian supply?
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Old 04-22-2020, 8:24pm   #34
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what's the downside to the US purchasing and stockpiling from the middle east/russian supply?
Only so much storage space.
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