Did y'all notice this?
WTI closed at a minus $16.20/bbl. But it was actually worse during the day.
That -$16.20/bbl was actually $21.43/bbl better than it's low. Apparently WTI traded as low as -$37.63/bbl.
One wonders if mom and pop mineral owners will be required to pay operators upwards of $40/bbl? LOL.
So instead of receiving a check there will be an invoice?
ReplyDeleteLOL. Yes. I would not advise mom-and-pop mineral owners to open their correspondence from the oil companies for awhile. Just joking. LOL.
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