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Negative $40 oil reflects panic - and U.S. crude market economic reality

webfact
webfact
in World News - Discussion

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  • timendres
    timendres

    OMG! The price of oil is not something to be ignored. This is not a good omen.

  • BritManToo
    BritManToo

    Remember all the 'peak oil' scares in the 1980s and 1990s where we were about to run out of oil causing TEOTWAWKI? This just shows how daft all the environmental scares are, the nutters have no i

  • Cryingdick
    Cryingdick

    Once the frackers all collapse the price will go back up. Saudi Arabia is being pretty stupid. I can't even think what their strategy is? The shale is still in the ground once they go bankrupt doing t

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