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Negative oil prices, EXPLAINED

Negative oil prices, EXPLAINED

How is that even possible?

On Monday, oil prices dropped below $0 for the first time in history. As the coronavirus pandemic has caused global demand for oil to hit rock-bottom, oil speculators have been forced to pay traders to take the oil off their hands.

So, why are negative gas prices a bad thing? On the radio program Tuesday, Glenn Beck broke down exactly what happened, who's to blame, and most importantly, how this will affect our already crumbling U.S. economy.

Watch the video below for all the details:

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BlazeTV Staff

BlazeTV Staff

News, opinion, and entertainment for people who love the American way of life.
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