Poll

What do you think of the Coronavirus outbreak in China?

A big deal for China.
0 (0%)
Not a big deal for China.
0 (0%)
Coming soon to a town you know.
2 (16.7%)
We won't have any problems in the US with it.
0 (0%)
Time to get prepared just in case.
2 (16.7%)
I am prepared for this Wuhan Chinese Flu.
5 (41.7%)
I am going to be ready if the US economy collapses in mid-April.
3 (25%)

Total Members Voted: 12


Author Topic: Coronavirus Outbreak  (Read 15962 times)

Rastus

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Re: Coronavirus Outbreak
« Reply #70 on: March 29, 2020, 01:31:42 am »
Rastus, can you provide link for minor looting in Tulsa?

No.  I have some pictures from 21st and Sheridan where a storage facility was ransacked.  There may be something on the news about that now but I got word before anyone really knew.  They punched the locks and cleaned it out....

Tyler I don't know that refineries and pipelines are going to hurt as bad as producers.  That 10 out of 50 was for producers.  It sounds unbelievable to me but a friend who runs a section of a refinery just received a tankerful of Saudi oil for $12 a barrel.  That's just under 29 cents a gallon for crude. 

For civil unrest who knows.  So long as people have food and water and internet along with television we're probably good for no riots.  People get hungry....it'll get ugly. 
Necessity is the plea for every infringement of human freedom.
It is the argument of tyrants; it is the creed of slaves.
-William Pitt, British Prime-Minister (1759-1806)
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Solus

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Re: Coronavirus Outbreak
« Reply #71 on: March 29, 2020, 08:25:42 am »
I made a point in the mid 80's that the World is a Snarling Beast and we protected from it only by the shield of our technology. 

Well, there is a crack in that shield and that beast is squeezing through...

So now it all depends upon how quickly that crack to patched...
Is life so dear, or peace so sweet, as to be purchased at the price of chains and slavery? Forbid it, Almighty God! I know not what course others may take; but as for me, give me liberty or give me death!"
—Patrick Henry

"Good intentions will always be pleaded for every assumption of authority. It is hardly too strong to say that the Constitution was made to guard the people against the dangers of good intentions. There are men in all ages who mean to govern well, but they mean to govern. They promise to be good masters, but they mean to be masters."
— Daniel Webster

Rastus

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Re: Coronavirus Outbreak
« Reply #72 on: March 29, 2020, 09:14:25 am »
Hopefully it get's patched quickly....but who knows?
Necessity is the plea for every infringement of human freedom.
It is the argument of tyrants; it is the creed of slaves.
-William Pitt, British Prime-Minister (1759-1806)
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Ranger Dave

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Re: Coronavirus Outbreak
« Reply #73 on: March 29, 2020, 09:52:27 am »
Rastus, Thanks I am up in Bartlesville and hadn't heard about that.

Rastus

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Re: Coronavirus Outbreak
« Reply #74 on: March 29, 2020, 11:05:14 am »
Dave if I pick up anything new I'll try to pass it on.  I have a couple of friends on Tulsa PD who alert me to interesting things now and again.
Necessity is the plea for every infringement of human freedom.
It is the argument of tyrants; it is the creed of slaves.
-William Pitt, British Prime-Minister (1759-1806)
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Re: Coronavirus Outbreak
« Reply #75 on: Today at 11:01:15 pm »

TAB

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Re: Coronavirus Outbreak
« Reply #75 on: March 29, 2020, 12:16:02 pm »
I am personally worried about all the unemployment. Lots of people are going to be out of work.  Even with the free money they are giving out/ will give out to small businesses, many will fail.

Just look at the restaurant  industry.   The fact that  they have been shut down does not just effect them, it also effects all thr companies  that suport them.  We are talking everything from linen services to farms. 


Pretty much all of the high over head low profit  businesses will be affected for the next 10 years.  No one will loan thrm money.
I always break all the clay pigeons,  some times its even with lead.

Tyler Durden

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Re: Coronavirus Outbreak
« Reply #76 on: March 29, 2020, 06:53:41 pm »
No.  I have some pictures from 21st and Sheridan where a storage facility was ransacked.  There may be something on the news about that now but I got word before anyone really knew.  They punched the locks and cleaned it out....

Tyler I don't know that refineries and pipelines are going to hurt as bad as producers.  That 10 out of 50 was for producers.  It sounds unbelievable to me but a friend who runs a section of a refinery just received a tankerful of Saudi oil for $12 a barrel.  That's just under 29 cents a gallon for crude. 

For civil unrest who knows.  So long as people have food and water and internet along with television we're probably good for no riots.  People get hungry....it'll get ugly.

By producers, do you mean the people who actually extract the oil out of the ground?

If so, yeah, I could see that.

Back in 2015 and 2016, if my memory is correct, the Saudi's started dumping their cheap crude on the world market.

So that made the price of West Texas Intermediate crude oil (WTI) drop from around $100 a barrel down to below $30 a barrel.

That practically killed off all fracking here in the states/North America.

The refinery I work at  gets a lot of raw crude from the Alberta tar sands in Canada.

It used to be much, MUCH CHEAPER than WTI. 

So yeah, just like fracking operations, I could see crude (WTI?) Get so low that it is not worth it to extract it out of the Alberta tar sands.


Tyler Durden

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Re: Coronavirus Outbreak
« Reply #77 on: March 29, 2020, 06:56:18 pm »
Rastus, Thanks I am up in Bartlesville and hadn't heard about that.

I am "downstream" of you.

Rastus

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Re: Coronavirus Outbreak
« Reply #78 on: March 29, 2020, 07:26:28 pm »
Yep.

Upstream and drowning.
Necessity is the plea for every infringement of human freedom.
It is the argument of tyrants; it is the creed of slaves.
-William Pitt, British Prime-Minister (1759-1806)
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Tyler Durden

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Re: Coronavirus Outbreak
« Reply #79 on: March 30, 2020, 07:00:38 pm »
By downstream, I meant the HQ for who I work for is in Bartlesville.

Anywhooo....I saw where crude prices dropped below $20 a barrel.

It absolutely blows my mind.


 

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