Oil Prices

Although oil per barrel is now 1 cent, which as we know is a mind boggling change of fortunes - The futures oil market for next month is trading $20 to $30 per barrel.

So no move to Free energy just yet - Big issue is storage space to put all this oil that no one is using - And of mega importance, unless people get back to driving their cars oil wells will be shut down.

And before people start cheering - The problem is that there is no public alternative.

It’s oil or nothing at present so expect the supply and demand of oil to return to normal soon.

We just have to wait for new technology to be allowed out.


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