Oil price falls below zero (for like a second), some mouthbreather on Twitter: “does this mean we get paid to fill up at the gas station?” 🤦‍♀️

likefunny
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SO DOES IT!?? IF IM USING MY TANK AS STORAGE AND THERE ISN’T ENOUGH STORAGE I WANT TO BE COMPENSATED FOR IT!! MY SHIT ISN’T FREE.

likefunny

Probably joking? Lmao

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Here we are indeed. Quite the timeline we are living in.

we need answers

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🤦🏾‍♂️ Hope you told him that's not happening.

Didn't trump mediate between Saudis and Russia last week. Looks like another feather in Trump's hat for tanking a business.

This comment gives me hope that I might actually make it to principal

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I keep seeing people posting that this somehow ends our reliance on Oil? Internet is crazy, y’all.

And it is actually the exact opposite. It’s going to bankrupt a lot of oil companies here and just going to mean we have to import more. Plummeting oil means the US energy sector is going to have a ton of layoffs and bankruptcies. I saw it happen in Texas and Louisiana a few years back with that “plunge”. And this new development is way beyond that one so can only imagine orders of magnitude worse.

Added to that, even lower oil prices make renewables less appealing and even more dependent on gov subsidy, which will slow their development.

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