The Oil Crash Should Be Our Chance to Transform Energy Production 

Two weeks ago, the price of oil collapsed to below zero for the first time in history. Crude oil’s “Black Monday,” on April 20, witnessed the so-far lowest point of the crash. In a single day, the price of West Texas Intermediate oil (the American benchmark) dropped over 300 percent to negative $37.63 a barrel. Facing a glutted market and jammed up storage capacities, traders literally paid people to take oil off their hands.

Source: The Oil Crash Should Be Our Chance to Transform Energy Production | Portside