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Corona virus

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Dr OZ " 80% infected don't know they have it as the symptoms are similar to a common cold, much milder than the influenza" It doesn't kill the young. 81 years old average age of death from the virus in Italy
 
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COVID-19 flipping the market upside-down. Well, that and oil...
 
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COVID-19 flipping the market upside-down. Well, that and oil...
US shale is going to take a massive hit. CHK and Gulfport are dead, and will be followed shortly by a number of other companies. A ton of PE companies’ debt is due 2020-2021 and no one is allowing them to refinance as they did in ‘14 + unlike the last time we hit $32 the industry has already become lean and efficient. It’s gonna get ugly out there. The only companies I would be buying are the majors + EOG.
 
If your looking for a commodity to trade (shotguns included), be sure to stock up with gel and wipes w/ Benzalkonium Chloride and don't fall for the frenzied hype over Ethyl alcohol...

WTH is up w/ t-paper shortage? Democrats TPing the Mar-a-Lago club? 🤣
 
US shale is going to take a massive hit. CHK and Gulfport are dead, and will be followed shortly by a number of other companies. A ton of PE companies’ debt is due 2020-2021 and no one is allowing them to refinance as they did in ‘14 + unlike the last time we hit $32 the industry has already become lean and efficient. It’s gonna get ugly out there. The only companies I would be buying are the majors + EOG.
So is this a little more than a temper tantrum between SA and Russia? Or do they have enough of the market they don’t really care?
 
So is this a little more than a temper tantrum between SA and Russia? Or do they have enough of the market they don’t really care?
Kind of reminds me of the end of the good, the bad, and the ugly. Who's Clint in this shit show is what the question is.
 
Menards still has tp. True man's store.

They closed a school today in central Indiana. One student has a confirmed case.
 
@wllm1313 crude down 17% today. Opec Russia/Saudi going for blood! Pumping oil to dump prices. Will break shale. Canada is going to find themselves really pinched. Too many involved in shale action. Too much CAD vested in the sands.

Good news, fuel will be cheap. Bad news, travel is not in COVID-19's future...
 
So is this a little more than a temper tantrum between SA and Russia? Or do they have enough of the market they don’t really care?
I absolutely think Putin is trying to take out a lot of US Shale.
I think historically I would say it’s a dumb move because once US oil dies prices will recover and then new companies with move in, but there is now a huge stigma surrounding OG on Wall Street (climate change, environmentally friendly portfolios, OG just not providing good returns) that I don’t know if there will be capital available to bring the industry back.

I think there is at least a possibility that we become an energy importer again.
 
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