Short answer: Demand is down over 30% and there's hardly any capacity remaining to store the excess being pumped out of the ground so the oil futures market is in the shitter.
Current Affairs General US politics (ie, not POTUS related)
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lol
I wonder if there is any way to find out which companies have gotten the stimulus money thing. Genuinely curious if my company got anything.
One of my biggest concerns is how the media failed to learn from the Tea Party protests where 50 odd people were stoking flames back in 2010.
The same nonsense is being overblown today. Maybe 150 people were in Columbus.
Protests should be covered with a wide angle. The March for Our Lives one was crazy one wide angle. The Women's March in Washington was crazy on a wide angle view.
Hundreds of thousands vs maybe 200 brainwashed idiots.
The same nonsense is being overblown today. Maybe 150 people were in Columbus.
Protests should be covered with a wide angle. The March for Our Lives one was crazy one wide angle. The Women's March in Washington was crazy on a wide angle view.
Hundreds of thousands vs maybe 200 brainwashed idiots.
TN Toffee
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Good point. There was a protest here over the weekend, and the way it played on our local news looked like there was a pretty decent crowd. However if you paid attention, and knew the area they were occupying, there were actually less than 50 people there.
davek
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They call "soccer" communism.
TN Toffee
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I’ll add that while it’s easy to dismiss these people as irresponsible nut jobs (likely because some of them are), it’s kind of unfair to paint all Americans as stupid for wanting to get back to daily life.
This is a huge country where some measure of social distance is inherent to our lives in a way that a lot of people in the UK and Europe might not really understand. Outside of the mega-cities, we don’t live all that close to one another, public transport is almost non-existent, etc. I’m sure almost every single person in a place like NYC has been impacted by this in some way, but me personally, I don’t know anyone who has had the virus, and don’t have any secondhand knowledge (friend of a friend of a friend) of anyone having it either. To me it’s really just something I hear about in the news every night and has turned our world upside down and is wrecking people’s lives by leaving them jobless for weeks on end, and I highly doubt I’m the only person who is having that experience.
I’ve been very lucky in the sense that the shutdown hasn’t impacted me negatively one bit. In fact, everyone being stuck at home has made my life quite a bit easier the past six weeks and will kind of miss that element when everyone gets back to work. However, if I was one of the people out of work, trying to feed a family, or trying not to lose my business, or going without health insurance because it was tied in with the job I had just been laid off from, I can easily see how someone who has only felt the negative financial impact of this virus would be very upset and desperate to be allowed to get back to work.
This is a huge country where some measure of social distance is inherent to our lives in a way that a lot of people in the UK and Europe might not really understand. Outside of the mega-cities, we don’t live all that close to one another, public transport is almost non-existent, etc. I’m sure almost every single person in a place like NYC has been impacted by this in some way, but me personally, I don’t know anyone who has had the virus, and don’t have any secondhand knowledge (friend of a friend of a friend) of anyone having it either. To me it’s really just something I hear about in the news every night and has turned our world upside down and is wrecking people’s lives by leaving them jobless for weeks on end, and I highly doubt I’m the only person who is having that experience.
I’ve been very lucky in the sense that the shutdown hasn’t impacted me negatively one bit. In fact, everyone being stuck at home has made my life quite a bit easier the past six weeks and will kind of miss that element when everyone gets back to work. However, if I was one of the people out of work, trying to feed a family, or trying not to lose my business, or going without health insurance because it was tied in with the job I had just been laid off from, I can easily see how someone who has only felt the negative financial impact of this virus would be very upset and desperate to be allowed to get back to work.
BirkenheadBlue
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It would probably be easier to think of them as sensible people with understandable, considered, grounded concerns if they weren't carrying "Social Distancing = Communism", "Coronavirus is a Democrat Hoax" and "Trump 2020" signs while berating nurses who (with actual, you know... knowledge) strongly disagree with them.
sdk
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I wish there were a way to sift out the "spontaneous" or "organic" elements of the protests from more cynically organized elements, so we could judge how much the protests are about the shutdown rather than being continuances of a now familiar Kabuki show of rightwing political protest. From where I sit the protest crowds have all looked like Tea Party Classic, with the full complement of the gun nuts, the theocratically inclined, and the people in three-cornered hats who speak of the nation's founders as if the founders wouldn't have been happy to see them horsewhipped for their public bumptiousness.
I don't think anyone is doing that. Its generally those who decided to go out and protest with their nonsical signs and maga garb people have been calling stupid.
Sensible people have been keeping their frustrations in door like the rest of us.
What those people did was put themselves and others including the cops they always defend at risk. And for what? Too blame the left and communists or some other made up reason.
davek
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Add another lie onto the murderer's list of crimes:
"UK ministers took a political decision not to be involved in an EU ventilator scheme, Sir Simon McDonald, the Foreign Office permanent under-secretary said today, so challenging previous claims that the UK did not take part due to missed emails."
"UK ministers took a political decision not to be involved in an EU ventilator scheme, Sir Simon McDonald, the Foreign Office permanent under-secretary said today, so challenging previous claims that the UK did not take part due to missed emails."
Give him a day or two. He'll flip once he talks to Trump or Trump publically agrees with the Governor of Georgia.
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