EXPLAINED: Why the 2020 US Oil Crash Happened During the Coronavirus Pandemic (Hint: RUSSIA)
For the first time EVER, oil fell into the negative range at negative 30 dollars a barrel. Glenn explains WHY this oil crash happened, HOW it’s effecting areas like West Texas, HOW the coronavirus pandemic contributed, WHO is to blame (Russia, Saudi Arabia, anyone?), and WHAT to do in the coming days and weeks.
