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raspberry-blower
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Post by raspberry-blower »

Oil prices plummet - down 30% at their nadir.

Currently down around 25% - will be some sort of concerted institutional buying of stocks at these levels
A common mistake that people make when trying to design something completely foolproof is to underestimate the ingenuity of complete fools - Douglas Adams.
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UndercoverElephant
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Post by UndercoverElephant »

F--k. I think this qualifies as the shit hitting the fan.
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vtsnowedin
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Post by vtsnowedin »

What a time for Russia to get into a whizzing contest with Saudi Arabia. This is a temporary thing and all they both had to do is cut their production by as much as world demand is temporarily depressed to keep their prices up on what they can sell.
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clv101
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Post by clv101 »

Bad news for US frackers!
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vtsnowedin
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Post by vtsnowedin »

clv101 wrote:Bad news for US frackers!
Yes if it lasts more then three months.
Might be some government money used to keep them afloat and US production up. It will take them a while to figure out what to do as right now everyone is working on delivering test kits etc.
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stumuz1
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Post by stumuz1 »

Have you had a test yet VT?
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vtsnowedin
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Post by vtsnowedin »

stumuz1 wrote:Have you had a test yet VT?
Nope. Fever broke last night with the help of aspirin. Symptoms now are just a bad chest cold with muscle aches. I will continue to stay home to not give it to friends.
Watching the markets collapse on the TV.
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stumuz1
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Post by stumuz1 »

Take care and get well.
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ReserveGrowthRulz
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Post by ReserveGrowthRulz »

UndercoverElephant wrote:F--k. I think this qualifies as the shit hitting the fan.
...and celebration for us road warriors!
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ReserveGrowthRulz
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Post by ReserveGrowthRulz »

clv101 wrote:Bad news for US frackers!
US E&Ps are going to be clobbered as well. "Frackers" as in the service companies that actually do completions, have been down this road many times before. They'll lay off everyone they can get their hands on, and ride it out just as they have all the times before.
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Little John

Post by Little John »

vtsnowedin wrote:
stumuz1 wrote:Have you had a test yet VT?
Nope. Fever broke last night with the help of aspirin. Symptoms now are just a bad chest cold with muscle aches. I will continue to stay home to not give it to friends.
Watching the markets collapse on the TV.
hope you are well VT. If, by any chance, it is the Virus, check for a sudden resumption of symptoms a few days down the line after it seems to have gone. If that does not happen, you aint had it. Good fortune to you and yours big man.
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vtsnowedin
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Post by vtsnowedin »

Little John wrote:
vtsnowedin wrote:
stumuz1 wrote:Have you had a test yet VT?
Nope. Fever broke last night with the help of aspirin. Symptoms now are just a bad chest cold with muscle aches. I will continue to stay home to not give it to friends.
Watching the markets collapse on the TV.
hope you are well VT. If, by any chance, it is the Virus, check for a sudden resumption of symptoms a few days down the line after it seems to have gone. If that does not happen, you aint had it. Good fortune to you and yours big man.
Yah that is the advice I got from my source at the CDC. Of course the common cold usually annoys you for two full weeks. Right now I just feel like I've been dragged through a knot hole backwards with a hacking unproductive cough and runny nose. Typical cold.
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boisdevie
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Post by boisdevie »

ReserveGrowthRulz wrote:
UndercoverElephant wrote:F--k. I think this qualifies as the shit hitting the fan.
...and celebration for us road warriors!
Time to get that Unimog campervan.
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Vortex2
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Post by Vortex2 »

vtsnowedin wrote:
stumuz1 wrote:Have you had a test yet VT?
Nope. Fever broke last night with the help of aspirin. Symptoms now are just a bad chest cold with muscle aches. I will continue to stay home to not give it to friends.
Watching the markets collapse on the TV.
Your bug sounds suspicious TBH.
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ReserveGrowthRulz
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Post by ReserveGrowthRulz »

boisdevie wrote:
ReserveGrowthRulz wrote:
UndercoverElephant wrote:F--k. I think this qualifies as the shit hitting the fan.
...and celebration for us road warriors!
Time to get that Unimog campervan.
Nah. I did enough camping and hitchhiking when young, nowadays it is an efficient sedan and hotel rooms.
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