Millions of gallons of expired beer could end up costing the booze industry $1 billion - Business Insider

Beer is expiring in untapped kegs around the country and breweries are taking the hit after ramping up production for events in March that proved to be a bust because of the coronavirus outbreak,Dealing with millions of gallons of unopened beer, worth nearly $1 billion, is proving to be a headache for companies as environmental and logistical concerns prove costly.

Other industries, such as oil and farming, are also feeling the negative effects of excess supply during the pandemic.The beer industry is dealing with an unusual problem — there is too much beer and it's starting to expire,Millions of gallons of beer was produced in March in preparation for St. Patrick's Day and "March Madness" basketball tournament,

, but now that beer is going to waste as it sits undrunk in kegs around the country at places such as concert and sporting venues, as well as restaurants and bars., and leaves producers struggling to dispose of the stale suds as they begin the process of retrieving the kegs.

another Cushing, OK, problem! Beer price turning negative? storage full of corona?

Wish I could help out, but I don’t drink 🍺

Should do free deliveries to anyone interested in booze, what a waste 🤔

Que la regalen antes que entre en vencimiento en Colombia. BAVARIA_OFICIAL clubcolombia CervezaPoker

বাংলাদেশে আওয়ামীলীগের জন্য কিছু পাঠানো যায় না..😀?

A pity no one will distill off the ethanol to make hand sanitizer.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How Mike Bloomberg spent $1 billion on his presidential campaign - Business InsiderMike Bloomberg's failed presidential campaign cost him over $1 billion. Here are some of the things the billionaire spent money on, from free booze and NYC apartments for staff to sponsored Instagram posts. Vanity herman6x Micheal made the $1 billion back in 30 days
Source: BusinessInsider - 🏆 729. / 51 Read more »

How Mike Bloomberg spent $1 billion on his presidential campaign - Business InsiderMike Bloomberg's failed presidential campaign cost him over $1 billion. Here are some of the things the billionaire spent money on, from free booze and NYC apartments for staff to sponsored Instagram posts. Vanity herman6x Micheal made the $1 billion back in 30 days
Source: BusinessInsider - 🏆 729. / 51 Read more »

INSIDER TODAY: Yes, we should waste billions and risk lives to get a vaccine - Business InsiderThe biggest enemy in the fight against the coronavirus pandemic is time. That means we need to risk a lot to develop a vaccine quickly. Start with bill gates and his family 'So there is literally almost nothing we shouldn't try to get us a vaccine quicker — even if that means building factories that make vaccines that don't work and conducting potentially deadly trials on volunteers.' OK, yeah, OK, sounds good... wait, what was that last part? Yes that's must...
Source: BusinessInsider - 🏆 729. / 51 Read more »

Company gets $10 million after paying millions to resolve allegation - Business InsiderMedical company received a $10 million government loan 2 weeks after paying $6.5 million for allegedly overcharging the US for veteran's care you are running a fraud based banking system wtf do you expect morons Not bad for 2 weeks work. Got that 6.5 back with interest. Legal collusion
Source: BusinessInsider - 🏆 729. / 51 Read more »