ST Alpha - "Basically. People don’t want actual delivery of oil next month because they’re running out of places to put it. " (Reading a Post)

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In response to "Okay, so random calendar quirk not truly based on anything substantive from the days prior. -- nm" by Will Hunting

Basically. People don’t want actual delivery of oil next month because they’re running out of places to put it.

Posted by spamlet Apr 20 '20, 10:27

We’re getting close to the oil tankers idling off the coast again.

Responses:

The idea of using $1200 to buy $7 oil is tempting but I wouldn't have room to store 170+ barrels in my apartment. -- nm - Max Apr 20, 10:35 4
- 169 barrels. You'll live in the last one. -- nm - Open Baron Apr 20, 10:38 2
  - I could tie the barrels together as a houseboat and float out into international waters. This is brilliant. -- nm - Max Apr 20, 10:50 1
    - (making me think of one of my favorite Weekend Update jokes: "...which makes it a pretty good deal on barrels!") -- nm - Max Apr 20, 10:52
- Step 1: buy oil. Step 2: buy rooms on cruise ships. Step 3: profit -- nm - JaxSean Apr 20, 10:37
which is going to really, really expensive -- nm - decline Apr 20, 10:29

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