Oil goes bad. It’s an organic substance that exists at an extremely high temperatures and even higher pressures deep within in the earth. It eventually changes chemically when not in its natural state.
I didn’t know that. How long does it take to go bad?
I’m not 100% sure, but after working a number of years in the oil industry the consensus was that it does indeed go bad. I’ve heard varying theories from months to years.
Totally, I mean it’s organic, therefore common sense would mean it decomposes. I’m just curious by how much.
As good an explanation as Cramer came up with. I certainly could see that.
Maybe you should reconsider Tennessee just decided to open back up this week.
No.
The oil people are using expiration dates like it's a food product. No One can believe that.
I just bought a Republican Repellent Hybrid. It's a Volvo XC90 with the T8 hybrid engine.
Yes, and they should buy every drop, too.
Yes it is. Doesn't make it wrong. It just contained a number of links on the subject. There are hundreds of other links. Oil if stored properly and kept from the elements will last longer than your lifetime. Does it really matter after that? If you store crude oil in an open bucket it will not last. If you cap and seal the bucket it will.
Nah. Health wise I am more susceptible than some my age (cardiac issues). And I believe in social distancing, not Russian Roulette. Too, the particular Joe Bubba states I was going to visit were far less proactive (more stupid???) in terms of safety measures than more enlightened states. They apparently care more about the tourist’s pocketbooks than their health. Fuck ‘em. I doubt things are going to be “normal” for awhile, so I’m using part of my travel fund to make home life more enjoyable (outdoor gas fire table, new work bench, etc) and stimulate the economy while this thing plays out. Hopefully I can hit the road again this fall (assuming the wife doesn’t wipe out the rest of this year’s travel budget)......and there’s always next year......or next year’s virus.......
Black gold, Texas tea....
In this instance he would be correct. But exactly who stores oil in a open hole in the ground? If i leave my gallon of milk open and out on the counter it will go bad also. Lets step back into realty here. We are talking about OIL and oil production. Super Tankers full of it. You want to start trying to talk about hypothetical situations and off hand issues then go ahead. Notice the thread title is about the price of oil on the world markets.
Now ya gonna compare oil to granite? Okay. Don't leave gold or silver out in the elements either.
Your credibility has changed my tune. It's still hard to believe.
Awesome!
