OIl

[Jacek Radzikowski]

Air pollution dropped very quickly as the pandemic unfurled. And it comes
back as the companies are reopening, what can be easily seen on air quality
monitoring:
https://www.esa.int/Applications/Observing_the_Earth/Copernicus/Sentinel-5P/COVID-19_nitrogen_dioxide_over_China

Jacek.


On Tue, Apr 21, 2020 at 1:28 PM Alex Fraser <beatnic at comcast.net> wrote:

> I believe the break point for producing oil in the US is $40 which price
> we have been below for a while.
>
> If you can remember back to 9/11/01 air traffic was shut down for a
> couple of days.  That shut down actually showed up in weather
> statistics.  I hope scientists somewhere are keeping track of the
> environment as this huge reduction in the production of green house
> gases could have noticeable effects.
>
> I live in Woodbridge Virginia, a DC suburb about a 1/4 mile from
> interstate 95. It is of course subjective but I do think the air smells
> sweeter these days.
>
> On 4/21/2020 12:33 AM, Nan and Sandy Sanders wrote:
> > Bad here in what is left of the Great East Texas Oil Field. I am on
> > the north edge and the wells produce 1 bbl oil for 100 bbl salt water.
> > The wells behind my house were shut off weeks ago. I am not sure the
> > company that owns them will survive.
> >      Sandy
> >     WB5MMB
> >
> >
> > At 10:39 PM 4/20/2020, lstoskopf at cox.net wrote:
> >
> >> Russians and Saudis having a price war.
> >>
> >> Virus
> >>
> >> No one driving or flying
> >>
> >> Today (or so) is last trade for the oil commodities market. Somebody
> >> took a long position and has to dump it or will get a notice asking
> >> where they want their purchase.  And everything is full.  Price of
> >> crude going up in the Fall according to futures market.
> >>
> >> The marginal producers here in Kansas are in deep trouble.. Cost of
> >> production in mid $30 dollar per bbl.  Wells shut down probably won't
> >> come back on stream.  This is doing exactly what the big boys want.
> >>
> >> Enjoy it now.
> >>
> >> N0UU
> >>> On April 20, 2020 at 6:09 PM Alex Fraser <beatnic at comcast.net> wrote:
> >>>
> >>> Gas prices are under $2 a gallon.  This is pretty low I guess, but
> >>> maybe if I wait for a while they will pay me to fill up my tank?
> >>>
> >>> Things seem to be getting a bit bizarre....
> >>
> >>
> >>
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-- 
Given a choice between two theories, take the one which is funnier
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