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haveblue posted:Who or what is Wolf? Pennsylvania's governor
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Apr 20, 2020 20:52
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Too many people on twitter think that gas prices are going to drop to like 5 cents a gallon now which absolutely will not be allowed to happen lol
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Apr 20, 2020 20:52
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Ladies, gentlemen, and others, I would like to present to you the Governor of Wyoming. https://twitter.com/tomcoulter_/status/1252293538223702017 https://twitter.com/tomcoulter_/status/1252298277623599118 https://twitter.com/tomcoulter_/status/1252300692582252554
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Apr 20, 2020 20:52
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nerox posted:This post from 2.5 hours ago didn't age well, My 1200 barrels of oil are now worth -$52,800. Welp, you know what you have to do. Here's a straw, and a breath mint for afterwards. 
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Apr 20, 2020 20:52
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TulliusCicero posted:THERE ARE DOZENS OF US! DOZENS! There were a few bigger ones that are a little worrying. And "It's all astroturfed bullshit, like the Tea Party" isn't exactly comforting. Media coverage on this could peel more people off into calling for re-opening. poo poo might get weird soon, especially if more help isn't on the way. Fingers crossed that people just see through it and social media manages to call it out as the minor freak show it is, but it's hard to count on America being rational.
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Apr 20, 2020 20:55
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smoobles posted:I still don't understand what negative oil prices mean its like you already ordered 250lbs of beans but then you decide you hate beans so you pay someone else a few bucks to just take all these drat beans
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Apr 20, 2020 20:55
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Ok Comboomer posted:cool can’t wait to see what tonight’s presser looks like it will be boring jerk off rally and lies mixed with him getting super catty/bitchy at basic questions.
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Apr 20, 2020 20:56
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smoobles posted:I still don't understand what negative oil prices mean Money is a fictional concept
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Apr 20, 2020 20:56
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Shimrra Jamaane posted:What would John Rockefeller do? Hire the Pinkertons to bust up some union
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Apr 20, 2020 20:57
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Parakeet vs. Phone posted:There were a few bigger ones that are a little worrying. And "It's all astroturfed bullshit, like the Tea Party" isn't exactly comforting. Media coverage on this could peel more people off into calling for re-opening. poo poo might get weird soon, especially if more help isn't on the way. Fingers crossed that people just see through it and social media manages to call it out as the minor freak show it is, but it's hard to count on America being rational. It’s different than the Tea Party which was aggrieved whites raising a shitfit about their perceived loss of privilege which appealed to a lot of people and played very well to the media’s benefit. This on the other hand is literally life and death poo poo that is immediately apparent and that a vast majority of people across the spectrum see through.
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Apr 20, 2020 20:58
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Trabisnikof posted:its like you already ordered 250lbs of beans but then you decide you hate beans so you pay someone else a few bucks to just take all these drat beans You ordered 250 pounds of beans with the expectation that your neighbors would buy some of them off you, but they all welshed, you can't fit 250 pounds of beans in your apartment, and the truck arrives tomorrow morning.
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Apr 20, 2020 20:59
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Dapper_Swindler posted:it will be boring jerk off rally and lies mixed with him getting super catty/bitchy at basic questions. "Gee, What are we going to do tonight Trump?" "The same thing we do every night Pence. Rant and Rave about how Great I am!"
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Apr 20, 2020 20:59
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TulliusCicero posted:THERE ARE DOZENS OF US! DOZENS! It's what's being presented on Television and YouTube clips is what is distorting what they really are. We all here know what really goes on with these 'rallies' and who the people behind it are, but a majority of news watchers at home don't. As it's being presented over the air it looks like there are thousands of people angry at the Democrats for all these 'tyrannical measures' and Trump promotes these as being that ''real Americans' are all angry. It's all about perception and that's what people that vote will react to.
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Apr 20, 2020 20:59
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Is this the oil thread? https://twitter.com/lazygamereviews/status/1252323158465667075
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Apr 20, 2020 20:59
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Shimrra Jamaane posted:It’s different than the Tea Party which was aggrieved whites raising a shitfit about their perceived loss of privilege which appealed to a lot of people and played very well to the media’s benefit. This on the other hand is literally life and death poo poo that is immediately apparent and that a vast majority of people across the spectrum see through. this. we could be wrong but i think alot of folks probably hate these assholes plus alot of people lived through the tea party and are mad that the same type of fuckheads are trying to pull the same poo poo when shits life and death and trumps not doing a thing to help. like alot of folks are doing the right thing and these loathsom fucks are making poo poo worse and probably gonna start more outbreaks and more folks will die.
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Apr 20, 2020 21:00
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Alright, so the commodities traders are desperately looking for people to take the oil off their hands, but it sounds like the problem is that there's simply no physical capacity. Are there facilities somewhere out there that do still have capacity to store crude, but still need a price incentive to do so? Is it actually possible for general purpose warehouses to just cart some barrels in? I would have thought you need far more specialized storage tanks and poo poo.
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Apr 20, 2020 21:02
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smoobles posted:I still don't understand what negative oil prices mean If you have an empty tanker in the Gulf of Mexico, you could make a buck by taking a load! (Typing this out makes me think some mystery oil spills are to be expected...)
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Apr 20, 2020 21:02
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smoobles posted:I still don't understand what negative oil prices mean You bought 1000 barrels, you can't cancel it, you don't have anywhere to store it, nobody wants it, and storing it will cost you 50$ / barrel. So you'd rather take a loss in order to get rid of the oil than pay for storage and still not break even if you manage to sell it in the future.
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Apr 20, 2020 21:03
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Star Man posted:Ladies, gentlemen, and others, I would like to present to you the Governor of Wyoming. "My rights are being taken away!" What rights are those? "My first amendment rights!" Ok, you're voicing your mind and assembling in a group to protest and no action is being taken to stop you "My rights are being taken away! Tyranny!" Moron
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Apr 20, 2020 21:04
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Just find some abandoned mine shafts and stuff the oil in there.
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Apr 20, 2020 21:04
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Flip Yr Wig posted:Alright, so the commodities traders are desperately looking for people to take the oil off their hands, but it sounds like the problem is that there's simply no physical capacity. Are there facilities somewhere out there that do still have capacity to store crude, but still need a price incentive to do so? No, all the excess capacity has been used up by people who have been storing oil as it dropped previously, we're just hitting a point where wells that are hard to shut off are still making GBS threads out oil into a system that is literally full up. Oil is expensive to refine so if there's no demand for refined products, no one will be refining poo poo
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Apr 20, 2020 21:04
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Dapper_Swindler posted:this. we could be wrong but i think alot of folks probably hate these assholes plus alot of people lived through the tea party and are mad that the same type of fuckheads are trying to pull the same poo poo when shits life and death and trumps not doing a thing to help. like alot of folks are doing the right thing and these loathsom fucks are making poo poo worse and probably gonna start more outbreaks and more folks will die. It is a starter pistol though. It's not intended to be some big movement but to get pissed off conservatives frothing at the mouth to be loud and get attention so that media types will have to both sides reopening.
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Apr 20, 2020 21:05
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Dapper_Swindler posted:this. we could be wrong but i think alot of folks probably hate these assholes plus alot of people lived through the tea party and are mad that the same type of fuckheads are trying to pull the same poo poo when shits life and death and trumps not doing a thing to help. like alot of folks are doing the right thing and these loathsom fucks are making poo poo worse and probably gonna start more outbreaks and more folks will die. They are also going to get the Stay at Home extended as new cases spike, so they can take that blame as well Just a really well thought out and executed plan tbh
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Apr 20, 2020 21:05
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Nenonen posted:If you have an empty tanker in the Gulf of Mexico, you could make a buck by taking a load! (Typing this out makes me think some mystery oil spills are to be expected...) Hot 
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Apr 20, 2020 21:06
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SocketWrench posted:"My rights are being taken away!" Someone yelling, "Well that’s nice, but I’d rather go to church," when Gordon tried to start things off with a prayer is pretty funny though. He's lucky that this state is so utterly Republican that all he has to do is survive the primary. Wyoming would be great if it didn't suck on purpose.
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Apr 20, 2020 21:08
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the fact that these people have a say in anything that happens in this country is a glaring problem with the system we have here.
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Apr 20, 2020 21:12
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TulliusCicero posted:THERE ARE DOZENS OF US! DOZENS! Those dozens of people are effectively thousands if the media and the Trump administration are on their side, which they are.
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Apr 20, 2020 21:13
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If anyone asks about the counter-protesters, it's all the people that aren't there. For every "protester" there are tens, if not hundreds of people not showing up to counter-protest because they're not idiots and are keeping themselves and others safe.
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Apr 20, 2020 21:14
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smoobles posted:I still don't understand what negative oil prices mean It means that people don't want the oil that they paid for and are giving you money to take the oil instead.
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Apr 20, 2020 21:14
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SocketWrench posted:"My rights are being taken away!" All spoken by people whose rights have literally never been denied to them ever.
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Apr 20, 2020 21:14
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Herstory Begins Now posted:No, all the excess capacity has been used up by people who have been storing oil as it dropped previously, we're just hitting a point where wells that are hard to shut off are still making GBS threads out oil into a system that is literally full up. The Twitter thread that got posted had a question about what would happen if someone just said gently caress it and didn't pick up their oil. I guess normally the facility would just shrug and sell it at spot price and let the owner deal with the difference, but right now no one's even buying and storage facilities are filling up or are already at capacity. I assume there's some funny nightmare scenario where a trader gets a call to let them know that there's a tanker truck with the meter running in Cushing, OK.
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Apr 20, 2020 21:15
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Feldegast42 posted:Those dozens of people are effectively thousands if the media and the Trump administration are on their side, which they are. The media besides Fox and OANN?
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Apr 20, 2020 21:16
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Also the idea that somehow oil prices are going to rebound significantly is probably wrong (I'm an economic genius). When people are stuck with a bunch of oil nobody wants it's going to affect how much people are going to want to pay for oil next month
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Apr 20, 2020 21:17
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Parakeet vs. Phone posted:The Twitter thread that got posted had a question about what would happen if someone just said gently caress it and didn't pick up their oil. I guess normally the facility would just shrug and sell it at spot price and let the owner deal with the difference, but right now no one's even buying and storage facilities are filling up or are already at capacity. I assume there's some funny nightmare scenario where a trader gets a call to let them know that there's a tanker truck with the meter running in Cushing, OK. This might be a dumb question: Do barrels of oil physically expire, like as in they become increasingly useless with time?
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Apr 20, 2020 21:17
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TulliusCicero posted:The media besides Fox and OANN? They still give them publicity which still gets out their message -- the exact same thing happened with Trump and it just made him more popular
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Apr 20, 2020 21:17
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mdemone posted:This might be a dumb question: Unrefined? No. It's millions of years old, leftover organic material from the time of the dinosaurs. IIRC it's processed stuff that can "wear out" like gasoline, which in and of itself takes a year or three? Someone can check me on that. But tl;dr, refined product I think can, unrefined crude can be stored indefinitely. EDIT With the caveat that it's SEALED too. Forgot that. You expose it to air and you get the La Brea Tar Pits eventually. VH4Ever fucked around with this message at 21:24 on Apr 20, 2020 |
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Apr 20, 2020 21:20
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Fart Amplifier posted:Also the idea that somehow oil prices are going to rebound significantly is probably wrong (I'm an economic genius). When people are stuck with a bunch of oil nobody wants it's going to affect how much people are going to want to pay for oil next month Tomorrow it'll almost definitely be positive again. But after this madness and a lot of people getting burned, I won't be shocked if it stays in single digits.
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Apr 20, 2020 21:20
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VH4Ever posted:Unrefined? No. It's millions of years old, leftover organic material from the time of the dinosaurs. IIRC it's processed stuff that can "wear out" like gasoline, which in and of itself takes a year or three? Someone can check me on that. But tl;dr, refined product I think can, unrefined crude can be stored indefinitely. Yeah I assumed that must be the case, but I thought maybe temperature/pressure issues in storage could affect it.
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Apr 20, 2020 21:22
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Wonder why these dozens of protesters are front page news across the country while the Iraq War and ICE protests weren't covered at all. Oh well.
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Apr 20, 2020 21:23
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Oh https://twitter.com/politvidchannel/status/1252321784960913409
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Apr 20, 2020 21:23
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