Negative Oil Prices in Scripture


Oil prices went negative for the first time in US history this week…. Or so the secular media says. The Bible indicates that oil prices have been down for thousands of years.

Oil prices go negative when there is a huge supply, and very low demand. This week, as there was a large surplus of oil from Russia and Iran, and a simultaneous lack of demand due to global shelter-in-place orders, the cost of oil went negative, indicating that oil suppliers were willing to pay buyers to take oil out of their inventory because they were running out of space.

In scripture, oil is a symbol of the Holy Spirit. Jesus told us that God had a vast supply of the Holy Spirit, and was looking for a place to store it.

If you then, though you are evil, know how to give good gifts to your children, how much more will your Father in heaven give the Holy Spirit to those who ask him!
Luke 11:13

That is still true today.

A revival of true godliness among us is the greatest and most urgent of all our needs. To seek this should be our first work. There must be earnest effort to obtain the blessing of the Lord, not because God is not willing to bestow His blessing upon us, but because we are unprepared to receive it. Our heavenly Father is more willing to give His Holy Spirit to them that ask Him, than are earthly parents to give good gifts to their children. But it is our work, by confession, humiliation, repentance, and earnest prayer, to fulfill the conditions upon which God has promised to grant us His blessing. A revival need be expected only in answer to prayer.
–Ellen White

So is the cost of the Holy Spirit positive (e.g., $0.01) in scripture?

“Ho! Everyone who thirsts,
Come to the waters;
And you who have no money,
Come, buy and eat.
Yes, come, buy wine and milk
Without money and without price
Isaiah 55:1

In order to buy something without price, the cost cannot be positive, so the blessings that God wants to give us are, at most, free.

Donald Trump announced this week that he was going to take advantage of the low oil prices and fill up the United States' strategic reserve. It is reminiscent of the filling of another strategic reserve, in the parable of the wise and foolish virgins in Matthew 25:1-13.

Now is the time for Christians to be praying to God to be filled with the Holy Spirit. As God is looking for storage space for His Holy Spirit, let Him pour out the surplus in our lives today.