Oil price lowest in 20 years

**hobbyfrmr** · Apr 20, 2020, 06:08

Seriously, I am concerned for Canadaâ€™s economy.
Canadian oil is as worthless as wheat.

**SASKFARMER** · Apr 20, 2020, 06:13

Or should a guy take Trudeau's 40000 and buy oil?

Basically buy about 2300 Barrels of oil and wait.

If it goes up to back to normal you have 200000 and pay trudeau the 30000 back.

Leave Canada before because he will tax the shit out of it.

**sumdumguy** · Apr 20, 2020, 06:36

Today must be the day to buy oil stocks, futures, physical. It canâ€™t stay low forever. Oil, in our economy is Essential with a capital E. Those of us that havenâ€™t been blinded by the Gore/Suzuki Light can still see The Real Light.

**foragefarmer** · Apr 20, 2020, 07:02

That's the May futures which expires tomorrow, June contract is $22.00.

**fjlip** · Apr 20, 2020, 12:08

Oil/Gas cheapest energy source! Low prices will KILL/DESTROY any and all "green scam" sources!

Cancel wind turbines, $$$ losing bigtime!

It's a great time !

**helmsdale** · Apr 20, 2020, 12:44

There are some boys and girls getting BTFO on the may WTI contract... WOW! Close of contract is upcoming, and it's currently trading $-35.20!!!

**Rareearth** · Apr 20, 2020, 12:52

Originally posted by helmsdale View Post

There are some boys and girls getting BTFO on the may WTI contract... WOW! Close of contract is upcoming, and it's currently trading $-35.20!!!

So can a guy buy today at a whole sale rack at that price? Just wondering where those future delivery sites are, on ocean ports?

**helmsdale** · Apr 20, 2020, 13:08

Originally posted by Rareearth View Post

So can a guy buy today at a whole sale rack at that price? Just wondering where those future delivery sites are, on ocean ports?

WTI settles FOB Cushing Oklahoma

**malleefarmer** · Apr 20, 2020, 16:18

Have to admit Iâ€™m having trouble getting my head around all this

Oil price lowest in 20 years