This has happened 2 times in my life, but not this bad. I feel that it will have a retaliative same out come though, just might take a few years. Oil has crashed, as the world has slowed, but will it stay this way for ever? Gas will be 50 cents a gallon, and they are paying you to take oil right now, so what to do. Well unless you own a tanker, you can't store it anywhere so I did buy some uso, which in the current market is very risky, but I am planning on holding it for years. Just hope it is not decades. Also am looking into a tanker.
.jpg)
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
I think the collapse in oil prices will have dire effects on countries that depend only on oil exports.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit