GET PAID TO INVEST IN OIL | Infinite Money Explained

Due to popular demand, here is the explanation of the 2020 oil crisis, negative prices, and how you can invest to make money - Enjoy! Add me on Instagram: GPStephan

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Here’s the issue right now: With our economy shut down, we’re not using as much oil anymore. But even though demand has slowed down, production of oil has continued on as usual, even though we aren’t using as much of it. That’s created a SURPLUS of oil that needs to go somewhere…but now there’s not enough space to store it.

When you hear about ‘negative oil prices,’ it’s referring to what’s known as Oil Futures…or, more specifically, the Oil Futures of one supplier in Particular, West Texas Crude.

In this case, people bought oil FUTURES at a higher price, not expecting things to get so bad…and, as the price of oil fell, it became apparent that those future prices became less and less valuable. So much so, that, because they literally ran out of space to hold all of this oil…it’s cheaper for the people who bought oil futures to PAY YOU TO TAKE IT OFF THEIR HANDS, than it is for them to figure out some place to store it.

As for whether or not this is going to save you money when you go fill up your gas tank…the answer is yes, and no. YES, lower oil prices will mean that you pay less to fill up your car. BUT, the price of gas you pay is made up of several other costs that need to be factored in…like, distribution, refining, taxes, and then the cost of oil itself. So, all in all…you’ll still pay for gas to fill up your car, it won’t be free, and you won’t get PAID.

Now, for what this means to you and I…well, if this keeps up, some US oil and gas based businesses could go under. Eventually, some companies can’t just run at a deficit forever and will have to close…although it’s unclear where the tipping point will be. Although, if you want to make MONEY from this…well, most likely, you’ll be investing in or shorting oil or gas companies…and when it comes to that, I’ll be honest…I have no idea what’s going to happen, I’m not investing in ANY of this myself…and I’m more curious about the broad implications for the entire economy, than I am about making a quick profit on this.

*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

[ChandlerQSink]

Graham: “It’s not like you can empty your pool and fill it up with oil”

Me: slowly starts filling the pool back up.

[dominick]

"We tried burning it, shredding it, even burying it. In the end, we just decided to give it all away." - Spondgebob

[davidmark]

Every trade is mostly a metal challenge, the human instinct to hold losers and sell to winners, it's all mind games to really conquer the markets!

[Balanced--]

2001 - "The planet is running out of oil"
2020 - "We have too much oil"

[stevebaus]

Graham just has a way to explain what can be a complicated subject in an easy to understand way. One of his many talents.

[mikewalker]

Hats off to you Graham for being happy to admit your not going to take up this opportunity. The best advice for any new investors on your channel would be to only invest in what you understand. Being transparent like this is one of the reasons i watch your content 👍.

[retyrs]

"...with all that excess money coming from the imaginary money printer." Lol that joke left me inflated.

[Master_Therion]

I won't be investing in crude oil either, I'm far too refined for that.

[emiliodamelio]

Happy Birthday Graham! Happy birthday 🎁🎂🎉🎈. I’ve been following you for more than 2 years now. I’m so happy for your continued success. You’ve thought meme so much about finance. I now own a two flat and a single family home all thanks to your guidance. Thanks Graham!

[ethanforsyth]

Instructions unclear, I now have 10, 000 barrels of oil in my backyard.

[carsonswheels]

Graham: Headlines are misleading, you dont get paid to invest in oil.


Also Graham: Titles video "GET PAID TO INVEST IN OIL"


Well played Graham

[qmakesithappen]

Wow... makes perfect sense, I'm filling up for $20 right now and I'm loving it. Oil is such an interesting market that I have barely any knowledge of, thanks for sharing Graham.

[MikeRosehart]

This was explained very well. I can tell you work hard on this, your work does not go unappreciated. Crushing it!

[CBCB]

95% of Graham's editing is zooming in and out on his face 😂

[DRLAROSA]

Happy Birthday Graham!! Enjoy an avocado toast (as an excepction of course haha)

[AllMoney]

Graham, bravo! If I could nominate a YouTube video for an award lol this is the best video I’ve seen in a long time! A complicated issue that is broken down into nice, easy to digest slices. Been a subscriber for over 2 years and I love how your content has never dropped off but only increased. I look forward to every video!

[VixGuyOfficial]

Why don't they just store those over supplied Oil at all the empty WeWork offices?!

[YEUNGMANCOOKING]

Thumbs up for the imaginary money printer 🖨 💵

[bryceblankinship]

Here's a storage solution: keep it in the ground

[TheBanjoShowOfficial]

Me, sitting on my oil barrel that I replaced my chair with: “We’ll see about that”