[Zhang Fei]

This is a real pedal to the metal shale pioneer who has lasted through decades of oil's ups and downs. Hamm owns 77% of the company's shares and has seen his personal fortune take a big dive through this 30% demand drop.

[MeneMeneTekelUpharsin]

Coming to you from Zhang Fei...

[Extremely Extreme Extremist]

Peak Oil! Muh, Peak Oil! Gas is .99 cents here in Northeast WI! What a ripoff!

[nascarnation]

Biden will stop all fracking in the US, right?

Then he can take Greta’s sailing yacht to Europe for the next G20 summit.

[SharpRightTurn]

The article is correct in that normally a bad outcome in pricing on the part of one party is not considered force majeure.

My instinct is that Continental would argue that what is unforeseen, thus qualifying for a claim of force majeure, is the Red Commie Coronavirus (unforeseen/act of God), which resulted in Stay at Home orders, thus gutting the petroleum markets.

Not sure how far they can get on that argument (if they go that route).

[Paladin2]

Let’s see;

I’m currently getting about 4 days to the gallon for my personal trainer dog to take me to the local National Forest for exercise.

Between the fuel in the tank and my 30 gallon tactical reserve left over from before the ski areas prematurely closed, I’m good for about 180 days.

Not including the full tanks in some other vehicles.