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Non-Tech : Kirk's Market Thoughts
COHR 154.52-3.0%Nov 7 9:30 AM EST

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To: Kirk © who wrote (9361)4/20/2020 2:23:00 PM
From: robert b furman  Read Replies (1) of 26439
 
Hi Kirk,

I read where some companies ( who have the facility) can store oil in railcars.

With someone paying you to take delivery of your oil, Any refinery with a rail spur or room to top off, is getting paid $3.70 to please take my oil I'll pay you to take it!

That's a first for me!

I like your SPR idea for the drillers who have found and pumped it. 50% for rental fee (with a sliding scale based on how long it is stored). Let the DOE transfer the gains to the treasury.

Bob
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