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Dan A
The Real News Network
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Comments by "Dan A" (@DanA-nl5uo) on "How Can Oil Be Worth Less Than Zero?" video.
Guess you should have offered to buy it by the barrel.
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We have tried that guys plan for the last half century the oil companies just delay. What he is missing is after the oil companies go bankrupt and close down the fracking wells the assets will be destroyed because you have to pump those wells or they stop producing in the same volume. So short term low prices and bankruptcy leads back to monopolies and higher prices in the long term. Which is why SA and Russia started a piece war in the first place they knew their production could weather the storm better than fracking.
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