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To: SunkenCiv

In a few weeks? Try months or years

The oil glut was happening BEFORE cornyvirus

Cornyvirus just made it 100x worse


3 posted on 04/27/2020 6:43:03 PM PDT by Trump.Deplorable
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To: Trump.Deplorable

Still $3.05 for cash her in Cali. And no one uses cash.


6 posted on 04/27/2020 6:49:57 PM PDT by samadams2000 (Get your houses in order.)
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To: Trump.Deplorable
In 2019, the US sucked down over 20 million bbl a day. A few big tankers won't take long.

10 posted on 04/27/2020 6:54:54 PM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: Trump.Deplorable

Consider that oil production must be shutting down. Who would keep producing oil they can sell. Plus there must be some some operations that going belly up.

With that in mind it pretty fair to say that when the economy opens up then there is going to be very little production occurring. So stored oil is going to be used quickly and more than likely we will quickly end up with an oil shortage. Because there is going to be a delay in restarting production, and an actual long term reduction in production capability.


16 posted on 04/27/2020 7:18:24 PM PDT by Revel
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To: Trump.Deplorable

You’re not a deplorable. Deplorables are tough and resilient. They’re not cry babies. Wow


19 posted on 04/27/2020 7:22:37 PM PDT by dp0622 (Radicals, racists dont point fingers at me I'm a small town white boy Just tryin to make ends meet)
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