How much is a barrel of oil worth?

If you were an oil futures trader wanting to unload a May 1 contract on Monday, April 20, a barrel of oil was worth $-37. That’s right, traders were, in effect, willing to pay someone—anyone—to take ownership of a commodity that powers modern industrial society, and has suddenly become too abundant.

Surviving the Future: Conversations for Our Time

Starting Monday April 6 I will be leading an online course “Surviving the Future: Conversations for Our Time” alongside Sterling College’s delightful Philip Ackerman-Leist, joined by Kate, Rob and further stars of The Sequel, as well as other compelling, internationally-renowned guests including Nate Hagens, Helena Norberg-Hodge and Richard Heinberg.

Spectacularly wrong: Why Wall Street doesn’t understand the corona virus

Large-scale and dramatic rearrangements of our current system worldwide and in the United States are likely to come in the wake of the season of death that is upon us—and in the wake of the economic carnage that results from the breakdown of a system so vulnerable that a tiny virus could topple it at its base.