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How Low Can It Go??  Oil Futures In Unprecedented Negative Territory

How Low Can It Go?? Oil Futures In Unprecedented Negative Territory

The oil markets on Monday plunged to their lowest price ever — meaning oil and gas suppliers are paying people to take the oil that would reach the market by the end of May (you read that right.)  At the end of the day, oil futures prices closed at negative $37.63, the lowest price since the New York Mercantile Exchange began trading them in 1983.

Why This Matters:  The oil and gas markets are subject to lots of ups and downs — but this was — that word again — unprecedented.

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We Need a Down-to-Earth Approach to Solve Our Problems

We Need a Down-to-Earth Approach to Solve Our Problems

We wrote earlier this week that President Trump issued an executive order establishing a policy that calls for the U.S. to mine and exploit the other resources like water on the moon.  As Axios explained, the order “directs the State Department to find international partners that are interested in collaborating with the U.S. on creating ‘sustainable operations’ related to […]

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