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Two Months Ago Today - Feb 20, 2020


15yds4gibberish

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On 4/20/2020 at 2:10 PM, DarterBlue said:

The case of a chart being worth a 1000 words. We seem to have peaked (keeping my fingers crossed), but have paid an enormous price. All while a bunch of freaking ignoramuses keep shouting for us to open up the economy! These are truly strange times. 

Meanwhile, the price of a barrel of US, West Texas intermediate, has plunged below $1 per barrel. I am an old man but have never seen oil prices this low. Adjusted for inflation, it is currently trading for a fraction of a cent. 

I remember premium at .33 a gallon.

 

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