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re: May WTI Crude just fell to -$35.20

Posted on 4/20/20 at 1:43 pm to
Posted by jcaz
Laffy
Member since Aug 2014
15724 posts
Posted on 4/20/20 at 1:43 pm to
Just stop production until May 1st. Stop the bleeding.
Posted by Icansee4miles
Trolling the Tickfaw
Member since Jan 2007
29233 posts
Posted on 4/20/20 at 4:11 pm to
It’s not nearly that simple. Shutting in Shale production in the Permian is nothing like shutting down deep water production in Green Canyon. And running out of crude storage isn’t the half of it, there’s few places left to squirrel away motor gasoline and aviation fuel. We should be loading up the Strategic Reserve right now, but our favorite California Crone blocked the Administration from doing just that.

Enemies of the People
This post was edited on 4/20/20 at 4:12 pm
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45854 posts
Posted on 4/20/20 at 6:25 pm to
quote:

Just stop production until May 1st. Stop the bleeding.
If it were just that simple.
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