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The Swamp

Quoting DMA Trader
{quote} Oil lobby power clearly has diminish from 20 years ago. but as we seen this week there is still a lot of power. Incompetence or interest can stop a nation progress. also corruption. So even if everything makes sense on the short term it's still not easy LIke for example how come you can grill so easy on Zuckerberg or Google or others on technology and tell them to testify and nobody from Airlines or Oil. we still need time, same thing with Elon
yeah he probably has a bullseye on his head from oil. I can't wait for the u.s. to get into modern rail..

P.S. I live in an oil state. I lose some money as oil drops. But its the right thing to do. Make crap with oil. Don't burn it.
those who can, do. those who cant, talk about those who can
The age of oil is coming to an end. Just a few more steps in the hopscotch game will get us to elec storage technology to make large scale solar pv power feasible to supplant fossil fuels on a global scale. Zoom out and you can already see this process well underway.

That said, I will be interested in seeing what oil futures do when markets open today. Probably /CL will reverse $2 or more on uncertainty of deals @ OPEC+....
"If The Fool persists in his Folly he will become wise." - William Blake
Quoting DMA Trader
{quote} Oil lobby power clearly has diminish from 20 years ago. but as we seen this week there is still a lot of power. Incompetence or interest can stop a nation progress. also corruption. So even if everything makes sense on the short term it's still not easy LIke for example how come you can grill so easy on Zuckerberg or Google or others on technology and tell them to testify and nobody from Airlines or Oil. we still need time, same thing with Elon
They control the people through behavior economics they are very dangerous.. This goes back to "Skinner and the rats"
Quoting The Fool
The age of oil is coming to an end. Just a few more steps in the hopscotch game will get us to elec storage technology to make large scale solar pv power feasible to supplant fossil fuels on a global scale. Zoom out and you can already see this process well underway. That said, I will be interested in seeing what oil futures do when markets open today. Probably /CL will reverse $2 or more on uncertainty of deals @ OPEC+....
I'm really interested to see how the market plays this delay (or perhaps the market feels like it was bluffed and huge selloff?).

From a homeowners perspective in Asia (not just China), solar panels with a direct metre feed back into grid that simply reverses cost during the day rather than battery storage, payback is down to 4-5 years on the purchase cost if you know how to install! Batteries are the deal breaker but you can see that changing in homes/cars within a decade (you only have to look at the latest range of cheap e/v in UK to see the shift is coming quickly with cheap models).

That means nothing for aviation/plastics/emerging markets/etc anytime soon though, so if Gator is right about $11 oil I will be into that in a big way, mainly in the form of shares in oil companies diversifying (ie back into rdsb + bp).
Quoting beszle
{quote} I'm really interested to see how the market plays this delay (or perhaps the market feels like it was bluffed and huge selloff?). From a homeowners perspective in Asia (not just China), solar panels with a direct metre feed back into grid that simply reverses cost during the day rather than battery storage, payback is down to 4-5 years on the purchase cost if you know how to install! Batteries are the deal breaker but you can see that changing in homes/cars within a decade (you only have to look at the latest range of cheap e/v in UK to...
11$ busted on the second b/o last week. 14.32 or less, brent is still viable.
those who can, do. those who cant, talk about those who can
https://www.xe.com/currencycharts/?f...o=USD&view=12h

Possible gap down to my stop loss?
Bill Gates on Fox News.

https://www.foxnews.com/politics/bil...article_inline
"If The Fool persists in his Folly he will become wise." - William Blake
still no tests on Amazon,,,I probly can't get no strange until they come out
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"If The Fool persists in his Folly he will become wise." - William Blake
Quoting The Fool
Bill Gates on Fox News. https://www.foxnews.com/politics/bil...article_inline
I like Bill Gates, i know he's obviously a very intelligent human being, but i think he's also a very good hearted human being. A rich man with a true heart is hard to find, he does so much good around the world with his cause's and work's relentlessly to achieve his ideal's, sign of a true professional.
Quoting The Fool
Bill Gates on Fox News. https://www.foxnews.com/politics/bil...article_inline
...I love the devil's face he put when they tell him that he gave 100 mil....
The Chonchy
Quoting chipsngravey
{quote} I like Bill Gates, i know he's obviously a very intelligent human being, but i think he's also a very good hearted human being. A rich man with a true heart is hard to find, he does so much good around the world with his cause's and work's relentlessly to achieve his ideal's, sign of a true professional.
....Well he shares the world power with mackintosh on aple, with his Microsoft product's just like Putin and trump so a little give back like the stimulus trump is giving, is ok I guess...
The Chonchy
that is how you send the messages to your people...

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Incredible, Steven Soderbergh made Contagion 9 years ago and this movie is a prophecy scene by scene of what's happening now !
If you watch it you will be scared seeing how it matches the reality...

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Simplicity is the Ultimate Sophistication.
A tiger at the Bronx Zoo has tested positive for Covid-19. 6 other tigers and lions at the zoo are also showing symptoms. Believed to have been infected by an asymptomatic zoo worker. All doing well. To my knowledge, this is the first animal to test positive in the U.S
Rule No.1: Never lose money. Rule No.2: Market is always right !
BJ is in hospital.
Rule No.1: Never lose money. Rule No.2: Market is always right !
Italy and Spain going down
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Rule No.1: Never lose money. Rule No.2: Market is always right !
In Spain they teach how to make your own mask, poor but better than nothing when there are no masks...

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Simplicity is the Ultimate Sophistication.
Quoting broketrader
In Spain they teach how to make your own mask, poor but better than nothing when there are no masks... {image}
Interesting. Probably the equivalent of strapping a few tissues over your face. So a mask made from a t shirt and being worn by an infected person would assist in catching droplets being coughed by that infective person, but a t shirt mask being worn by a non infected person would offer minimal resistance to that non infected person from inhaling the virus. I say this as a paramedic. When I don PPE (personal protection equipment)to assess a possible infectious person I wear a N95 particulate mask. Once I put the mask on I pinch the metal frame over my nose to shape it to my face then take a big breath to test the seal of the mask, that it sucks at the edges ensuring inhalation is through the mask without leaks. Clearly you get none of that with a t shirt mask. If I become a patient I wear a surgical mask / droplet mask / t shirt mask if need be to prevent spreading the disease. A lot of misinformation in the community about masks. The other problem people have wearing masks is that wearing a mask leads to touching the face more often which leads to higher chance of becoming infected. Hence social distancing and hand washing best prevention
Also , when "doffing " or removing A mask it should be removed by grabbing the elastic or ties near the ears then pulling forward. Do not use hands to pull the front of the mask off your face. By grabbing the ties at the side of your head you are avoiding the " dirty / contaminated " mask. Don't touch your face, wash your hands...
One last point, in Australia medics still have N95 masks, but I see on the news in NY it looks like plenty of responders only have the surgical masks, not the N95 masks , which puts them obviously at far higher risk.
RIP Tom Dempsey.
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those who can, do. those who cant, talk about those who can
Quoting gatorinla
RIP Tom Dempsey. https://www.youtube.com/watch?v=cjqiq4S9bqA
Amen.
"If The Fool persists in his Folly he will become wise." - William Blake
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Paolob