I'm saying in substance, if you are loser in oversupply of crude oil not met by global demand to consume it, this means you own a commodity that regardless of perceived value, unlike gold or silver, still provides the same exact energy Usage when consumed to you ...you can use it to go 200mph, run your appliances, cook your food, jet ski, etc
So why don't these oil profiteers have fun with this oversupply of oil, maybe get creative and build a spaceship to Mars? Instead of crying they lost passive income? How can one actually be at a loss?
So why don't these oil profiteers have fun with this oversupply of oil, maybe get creative and build a spaceship to Mars? Instead of crying they lost passive income? How can one actually be at a loss?
When oil prices are low due to oversupply, who actually loses out?