General Discussion

Now - why the futures are so low against the information above?

Probably traders thinking this situation will resolve itself (but even if it does, there's a lag till the flow is normalized, not even accounting for war damage to oil infrastructure). Or that the Orange Man will somehow fix this (you'd be shocked how many seeming rational business people have assumed he can make things right).

Time will tell; but I have a hunch come July that the folks who bought futures at $100 will be sitting pretty with the right to buy at that price when delivery price is closer to $200.