Welcome to Friday’s OPEN THREAD at the QTree! Thank you for the Thursday hand-off TrumpIsMine. Thank you to Wolfie for keeping us all up and running. What would we do without FLEP’s News Roundup? Thank you, Flep. Hat tip and a hearty thank you to Wheatie, Dep, BakoCarl, Michael, Steve in Colorado, all our science contributors and the lurkers!
We don’t believe in political correctness at QTree. Free Speech is practiced here. ENJOY IT. Use it or lose it. This board will remain a REFUGE for those who need civility, either some or all of the time. Important Guidelines are outlined here in the January 1st open thread, with an addendum on 20191110. In other words, please keep it
SOMEWHAT civil. We have a new board – actually a new SITE – called The U Tree – where people can take each other to the woodshed without fear of censorship or moderation.
These are historic times. We’ve lost 10 million jobs in the past two weeks and people are hurting. Today is Oil Sector Day at the White House, another looming crisis. All the big CEOs will be there.
After playing victim to OPEC for almost our entire lives, the USA, under President Trump/Wilbur Ross/Secretary Perry, finally gained Energy dominance as the #1 producer of Oil and LNG. If was a glorious feeling after sitting on the bench for generations.
But now, the toddlers are playing in our sandbox. Saudi and Russia are trying to use the CoronaVirus nightmare to knock out our frackers and harm our leadership in the sector. The toddlers are over-supplying the market, flooding, over-producing, and the price per barrel dropped to around $20/barrel. Anything below $40/barrel is losing money and directly affects over 6 million American jobs. We’re looking at a wasteland in PA, Ohio, ND, and our blessed Texas if the crisis continues. President Trump called MBS yesterday and reportedly, they have agreed to reduce supply by 10 million barrels.
Might be time for President Trump to break up the impasse between Saudi and Russia. Saudi has called for an Emergency Meeting of OPEC, and the President alluded to “another option” which he hoped he would not have to do. Hmmmmm……
We hope you all are doing well under an “almost quarantine”. We’ve been trying new recipes in the kitchen, and my “honey-do” list for projects around the house is growing. Glad we received good news on Sylvia and please, everyone, remember to take your vitamins.
We’ll get through it all, together. We’re Americans, and Aussies, and Brits. It’s what we do. Remember to say a little prayer for the President, his team and family, the truck drivers, and every worker who stays late to stock the shelves. Throw up an extra prayer for the police, fire, and all the medical staff. They need all the help they can get. And PRAY for the Hydroxychloroquine + Zpack cocktail to work, and save our fellow Americans from the scourge from China.
Remember Wheatie’s Rules:
- No food fights.
- No running with scissors.
- If you bring snacks, bring enough for everyone
We’ll meet at Wheatie’s tree house in the morning. I made a cherry pie. We can have pie for breakfast, right?