{"id":159181,"date":"2020-04-21T22:00:07","date_gmt":"2020-04-21T21:00:07","guid":{"rendered":"http:\/\/newsforher.com\/?p=159181"},"modified":"2020-04-21T22:00:09","modified_gmt":"2020-04-21T21:00:09","slug":"oil-prices-are-negative-and-nobody-is-really-sure-what-that-means","status":"publish","type":"post","link":"https:\/\/newsforher.com\/?p=159181","title":{"rendered":"Oil prices are negative and nobody is really sure what that means"},"content":{"rendered":"\n<!-- Quick Adsense WordPress Plugin: http:\/\/quickadsense.com\/ -->\n<div class=\"c5b541d88d911dcbb84397def1a3492d\" data-index=\"1\" style=\"float: none; margin:0px 0 0px 0; text-align:center;\">\n<script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- m -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-3943282228430444\"\r\n     data-ad-slot=\"5751019935\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n<p> [ad_1]\n<\/p>\n<div id=\"id_text\">\n<p>As the coronavirus pandemic stretches into 2020, the cost of crude oil plummeted to less than $0 per barrel on Monday.\u00a0<\/p>\n<p>What does that mean? Most on Twitter are confused.\u00a0<\/p>\n<p>Social distancing orders and self-quarantine mean that many oil suppliers have an excess of crude oil, since energy needs are down. Because the United States is nearly out of storage to <em>keep<\/em> crude oil, Politico <a href=\"https:\/\/www.politico.com\/news\/2020\/04\/20\/oil-companies-trump-administration-paralyzed-196473\" target=\"_blank\" rel=\"noopener noreferrer\">reports<\/a>, the cost per barrel for oil to be delivered in May fell to a record -$37.63 on Monday. That means that those contracted to produce oil were literally paying buyers to take it off their hands.\u00a0<\/p>\n<p>While tankers are near-overflowing with oil, the jokes flowed on Twitter<\/p>\n<div class=\"twitter-wrapper sort-rerender\">\n<div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Gonna tell my kids I was alive when oil hit $0<\/p>\n<p>\u2014 Soha (@SohaTazz) <a href=\"https:\/\/twitter.com\/SohaTazz\/status\/1252304220780462080?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">April 20, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async=\"\" charset=\"utf-8\" src=\"https:\/\/platform.twitter.com\/widgets.js\"><\/script>\n<\/div>\n<\/div>\n<div class=\"twitter-wrapper sort-rerender\">\n<div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Me swimming through my olive oil bin <a href=\"https:\/\/t.co\/seKVgdJNTS\" target=\"_blank\" rel=\"noopener noreferrer\">pic.twitter.com\/seKVgdJNTS<\/a><\/p>\n<p>\u2014 Adam Serwer???? (@AdamSerwer) <a href=\"https:\/\/twitter.com\/AdamSerwer\/status\/1252301178026758146?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">April 20, 2020<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n<div class=\"twitter-wrapper sort-rerender\">\n<div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The next stimulus payout will be sent to you in the form of 80 barrels of oil.<\/p>\n<p>\u2014 Kate Hyde (@KateHydeNY) <a href=\"https:\/\/twitter.com\/KateHydeNY\/status\/1252301221664296977?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">April 20, 2020<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n<div class=\"twitter-wrapper sort-rerender\">\n<div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">I bought my wife a barrel of oil for our anniversary months in advance and now i look like a fucking moron<\/p>\n<p>\u2014 wife radicalized by STEM (@gloomfather) <a href=\"https:\/\/twitter.com\/gloomfather\/status\/1252301252760920064?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">April 20, 2020<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n<div class=\"twitter-wrapper sort-rerender\">\n<div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">It&#8217;s one barrel of oil Michael, what could it cost? Two dollars?<\/p>\n<p>\u2014 Richard Butler (@rmdbutler) <a href=\"https:\/\/twitter.com\/rmdbutler\/status\/1252301261304709122?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">April 20, 2020<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n<div class=\"twitter-wrapper sort-rerender\">\n<div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">everyone can have a few barrels of oil, as a treat<\/p>\n<p>\u2014 Alex Halpern (@HalpernAlex) <a href=\"https:\/\/twitter.com\/HalpernAlex\/status\/1252301275963682818?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">April 20, 2020<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n<div class=\"twitter-wrapper sort-rerender\">\n<div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">BREAKING:<br \/>US crude oil prices just plunged to their lowest level in history. <a href=\"https:\/\/t.co\/Q2aCgnggZs\" target=\"_blank\" rel=\"noopener noreferrer\">pic.twitter.com\/Q2aCgnggZs<\/a><\/p>\n<p>\u2014 Economics in Bricks (@econinbricks) <a href=\"https:\/\/twitter.com\/econinbricks\/status\/1252302118234488833?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">April 20, 2020<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n<div class=\"twitter-wrapper sort-rerender\">\n<div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">OIL IS FREE <a href=\"https:\/\/t.co\/q7FNUMPJz0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/t.co\/q7FNUMPJz0<\/a><\/p>\n<p>\u2014 azfar playing Animal Crossing (@Azfarovski) <a href=\"https:\/\/twitter.com\/Azfarovski\/status\/1252301295907532800?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">April 20, 2020<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n<div class=\"twitter-wrapper sort-rerender\">\n<div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Oil going to start an onlyfans soon<\/p>\n<p>\u2014 Luka Donthi\u010d\u0107 (@landahoy14) <a href=\"https:\/\/twitter.com\/landahoy14\/status\/1252302816787533824?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">April 20, 2020<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n<div class=\"twitter-wrapper sort-rerender\">\n<div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">lot of people making crass jokes about the price of oil but very little consideration being given to those whose loved ones include villainous oil barons. maybe think before you tweet?? ????<\/p>\n<!-- Quick Adsense WordPress Plugin: http:\/\/quickadsense.com\/ -->\n<div class=\"c5b541d88d911dcbb84397def1a3492d\" data-index=\"2\" style=\"float: none; margin:0px 0 0px 0; text-align:center;\">\n<script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- 2 -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-3943282228430444\"\r\n     data-ad-slot=\"5511153269\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n\n<p>\u2014 puds???????? (@nightwarning) <a href=\"https:\/\/twitter.com\/nightwarning\/status\/1252301012049821704?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">April 20, 2020<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n<div class=\"twitter-wrapper sort-rerender\">\n<div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Gonna start drinking oil instead of water to save money<\/p>\n<p>\u2014 Thor Benson (@thor_benson) <a href=\"https:\/\/twitter.com\/thor_benson\/status\/1252300374352056322?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">April 20, 2020<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n<div class=\"twitter-wrapper sort-rerender\">\n<div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">the oil industry right now <a href=\"https:\/\/t.co\/JjoULJPAtm\" target=\"_blank\" rel=\"noopener noreferrer\">pic.twitter.com\/JjoULJPAtm<\/a><\/p>\n<p>\u2014 bread and poses (@breadandposes) <a href=\"https:\/\/twitter.com\/breadandposes\/status\/1252300652920950784?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">April 20, 2020<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n<div class=\"twitter-wrapper sort-rerender\">\n<div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">the year is 2020. oil is free and a dine-in hamburger is unattainable<\/p>\n<p>\u2014 kilgore trout, compulsory consumer (@KT_So_It_Goes) <a href=\"https:\/\/twitter.com\/KT_So_It_Goes\/status\/1252300835570307074?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">April 20, 2020<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n<div class=\"twitter-wrapper sort-rerender\">\n<div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Oil at the moment <a href=\"https:\/\/t.co\/djYlUhU7UY\" target=\"_blank\" rel=\"noopener noreferrer\">pic.twitter.com\/djYlUhU7UY<\/a><\/p>\n<p>\u2014 Danny Makki (@Dannymakkisyria) <a href=\"https:\/\/twitter.com\/Dannymakkisyria\/status\/1252302756016259074?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">April 20, 2020<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n<div class=\"twitter-wrapper sort-rerender\">\n<div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Trump&#8217;s oil advisers right now explaining things to him <a href=\"https:\/\/twitter.com\/hashtag\/OilPrice?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">#OilPrice<\/a> <a href=\"https:\/\/t.co\/opOGha7LOv\" target=\"_blank\" rel=\"noopener noreferrer\">pic.twitter.com\/opOGha7LOv<\/a><\/p>\n<p>\u2014 KingDead (@KingDeadWolf) <a href=\"https:\/\/twitter.com\/KingDeadWolf\/status\/1252303130257219584?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">April 20, 2020<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n<div class=\"twitter-wrapper sort-rerender\">\n<div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">anyone find it really difficult to focus and do work  when there&#8217;s free oil out there<\/p>\n<p>\u2014 Gene Park (@GenePark) <a href=\"https:\/\/twitter.com\/GenePark\/status\/1252301925359521795?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">April 20, 2020<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n<div class=\"twitter-wrapper sort-rerender\">\n<div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The plan? Sell more oil by making it so cheap that we\u2019ll pay people to buy it <a href=\"https:\/\/t.co\/R2TgfZm94k\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/t.co\/R2TgfZm94k<\/a> <a href=\"https:\/\/t.co\/Q69Ff6gOJ7\" target=\"_blank\" rel=\"noopener noreferrer\">pic.twitter.com\/Q69Ff6gOJ7<\/a><\/p>\n<p>\u2014 Jules (@Julian_Epp) <a href=\"https:\/\/twitter.com\/Julian_Epp\/status\/1252304263285530624?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">April 20, 2020<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n<div class=\"twitter-wrapper sort-rerender\">\n<div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">just finished my christmas shopping<br \/>every body gets a barrel of oil <a href=\"https:\/\/t.co\/DuJbjQNjM8\" target=\"_blank\" rel=\"noopener noreferrer\">pic.twitter.com\/DuJbjQNjM8<\/a><\/p>\n<p>\u2014 darth\u2122 (@darth) <a href=\"https:\/\/twitter.com\/darth\/status\/1252300485802901505?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">April 20, 2020<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n<div class=\"twitter-wrapper sort-rerender\">\n<div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Crude is down to $5, which means a barrel of oil is now cheaper than a barrel of monkeys <a href=\"https:\/\/t.co\/F9ukTOUAWH\" target=\"_blank\" rel=\"noopener noreferrer\">pic.twitter.com\/F9ukTOUAWH<\/a><\/p>\n<p>\u2014 Dave Lawler (@DavidLawler10) <a href=\"https:\/\/twitter.com\/DavidLawler10\/status\/1252286236057878529?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">April 20, 2020<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n<div class=\"twitter-wrapper sort-rerender\">\n<div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">where my oil barons at. my oil heads<\/p>\n<p>\u2014 raandy (@randygdub) <a href=\"https:\/\/twitter.com\/randygdub\/status\/1252303242739892225?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">April 20, 2020<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n<p>And despite the jokes, please don&#8217;t drink oil instead of water.\u00a0<\/p>\n<\/p><\/div>\n\n<!-- Quick Adsense WordPress Plugin: http:\/\/quickadsense.com\/ -->\n<div class=\"c5b541d88d911dcbb84397def1a3492d\" data-index=\"5\" style=\"float: none; margin:0px 0 0px 0; text-align:center;\">\n<script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- 5 -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-3943282228430444\"\r\n     data-ad-slot=\"9258826580\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n[ad_2]\n<br \/><a href=\"https:\/\/me.mashable.com\/culture\/9981\/oil-prices-are-negative-and-nobody-is-really-sure-what-that-means\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n\n<!-- Quick Adsense WordPress Plugin: http:\/\/quickadsense.com\/ -->\n<div class=\"c5b541d88d911dcbb84397def1a3492d\" data-index=\"3\" style=\"float: none; margin:0px 0 0px 0; text-align:center;\">\n<script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- 3 -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-3943282228430444\"\r\n     data-ad-slot=\"2884989920\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>[ad_1] As the coronavirus pandemic stretches into 2020, the cost of crude oil plummeted to less than $0 per barrel on Monday.\u00a0 What does that mean? Most on Twitter are confused.\u00a0 Social distancing orders and self-quarantine mean that many oil suppliers have an excess of crude oil, since energy needs are down. Because the United &hellip;<\/p>\n","protected":false},"author":1,"featured_media":159182,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[9],"tags":[],"_links":{"self":[{"href":"https:\/\/newsforher.com\/index.php?rest_route=\/wp\/v2\/posts\/159181"}],"collection":[{"href":"https:\/\/newsforher.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsforher.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsforher.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsforher.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=159181"}],"version-history":[{"count":1,"href":"https:\/\/newsforher.com\/index.php?rest_route=\/wp\/v2\/posts\/159181\/revisions"}],"predecessor-version":[{"id":159183,"href":"https:\/\/newsforher.com\/index.php?rest_route=\/wp\/v2\/posts\/159181\/revisions\/159183"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsforher.com\/index.php?rest_route=\/wp\/v2\/media\/159182"}],"wp:attachment":[{"href":"https:\/\/newsforher.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=159181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsforher.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=159181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsforher.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=159181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}