[topynate]

"No economic justification"? That has to be faux-naïf. Yes, I was shocked at first to hear of prices turning negative. For about thirty seconds. Once I learned that the oil had to be delivered somewhere without enough storage, and under conditions of extreme low demand, it was perfectly obvious that you'd end up paying someone else to take the oil off your hands. Either Peterffy is too stupid to understand mass-media reports on his own field of business – not likely – or he's disingenuous, which says something about how he sees his clients.