Weekly report on US Gas and Oil production prepared by the US Energy Information Administration.

Less Than Zero: What Oil’s Crazy Day Means

from The Wall Street Journal,

U.S. Oil Costs Less Than Zero After a Sharp Monday Selloff.

U.S. oil futures plunged below zero for the first time Monday, a chaotic demonstration that there was no place left to store all the crude that the world’s stalled economy would otherwise be using.

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