Michael Davis - HoustonNewMedia.org https://houstonnewmedia.org/author/michael-davis/ Building "Bridges" Across the Bayou City! Fri, 24 Apr 2020 19:18:41 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://i0.wp.com/houstonnewmedia.org/wp-content/uploads/2022/11/cropped-cropped-Houston.png?fit=32%2C32&ssl=1 Michael Davis - HoustonNewMedia.org https://houstonnewmedia.org/author/michael-davis/ 32 32 103504436 Without the gamble of futures markets, the oil industry might be ready to fold https://houstonnewmedia.org/without-the-gamble-of-futures-markets-the-oil-industry-might-be-ready-to-fold/?utm_source=rss&utm_medium=rss&utm_campaign=without-the-gamble-of-futures-markets-the-oil-industry-might-be-ready-to-fold Fri, 24 Apr 2020 19:18:41 +0000 http://houstonnewmedia.org/?guid=4ce6ec5be0945671c928bd2b1e582dfb The bizarre news on April 20 that oil was selling for negative $30 per barrel means exactly what you think it means: The pandemic is taking our economy into a strange and dark new place. This has never happened before.

But the news also means somethin...

The post Without the gamble of futures markets, the oil industry might be ready to fold first appeared on HoustonNewMedia.org.

The post Without the gamble of futures markets, the oil industry might be ready to fold appeared first on HoustonNewMedia.org.

]]> 38749