In loving memory of Kenis D. Keathley 6/4/81 - 3/27/22 Loving father, husband, brother, friend and firewood hoarder Rest in peace, Dexterday

Predictions for 2020

Discussion in 'The Pellet Bag' started by Iron Stove, Feb 12, 2020.

  1. Iron Stove

    Iron Stove

    Joined:
    Sep 17, 2014
    Messages:
    551
    Likes Received:
    1,864
    Location:
    Central CT

    Just watched some people explaining how this crazy negative oil pricing works. And I'm still a bit confused, but here goes. It was a lot of May contracts, short squeeze. They were long on oil rising, not falling. And they had to dump it. June on are still in 20's.

    Gas in the tanks was still bought high, but is falling as its replaced. I wish I cold drive someplace and enjoy some of the lowest prices many of us have or will see in decades.
     
    Rich250 and bogieb like this.
  2. Tullytown

    Tullytown

    Joined:
    Feb 15, 2015
    Messages:
    1,161
    Likes Received:
    3,504
    Location:
    North of Phila Eagles.
    2.12 here outside Philly.
     
    bogieb likes this.
  3. eatonpcat

    eatonpcat

    Joined:
    Oct 5, 2013
    Messages:
    9,694
    Likes Received:
    54,097
    Location:
    Eaton Township, OH
    31.5 Gallons for $34.50 the other day for me!!
     
    will711, subsailor, bogieb and 2 others like this.