Latest Coronavirus - Yikes

[TN Ribs]

This will be great for farmers in the mid west during planting but I’ll bet it’s going to hurt during harvest .

Why do you think this is good for farmers? Corn Futures are about to hit a 10 year low due to ethanol/gasoline demand crashing.

 

[vols40]

CNN?

The NYT cut off half of the Biden accuser information. Does this mean that they are "centered?"

 

[hog88]

tens of thousands of people are going to lose their jobs this week and whole towns that depend on the oil industry are going to go belly up. I'm glad you feel good about your kroger points though

West Texas and Huston area property will be cheap.

 

[hog88]

Why do you think this is good for farmers? Corn Futures are about to hit a 10 year low due to ethanol/gasoline demand crashing.

Another green folly coming back to bite us in the azz.

 

[TN Ribs]

Another green folly coming back to bite us in the azz.

Tell that to the farmers, 40% of the corn they grow goes to make Ethanol.

 

[VolStrom]

Why do you think this is good for farmers? Corn Futures are about to hit a 10 year low due to ethanol/gasoline demand crashing.

Ethanol is responsible for killing more lawn mowers and weed eaters every day than the Covid-19 virus has killed people. It ranks right up there with the EPA mandated fuel can pieces of sht.

 

[LouderVol]

Lol.

 

[vols40]

Tell that to the farmers, 40% of the corn they grow goes to make Ethanol.

I'm sure the farmers are well aware of this. They are also aware the government will pay them not to farm parts of their land

 

[volfanhill]

It's not going to be "poor big energy" it's going to be "poor us citizens".

I don’t think he realizes what this will mean in the months to come

 

[hog88]

Tell that to the farmers, 40% of the corn they grow goes to make Ethanol.

Thanks for proving my point.

 

[hog88]

I don’t think he realizes what this will mean in the months to come

Of course he doesn't.

 

[headhunter15]

I don’t think he realizes what this will mean in the months to come

What does this mean?

 

[Volsfaninva917]

My daughter's boyfriend works for a big oil company in Houston. He's still got his job but is worried every day. They have already been furloughed one week a month.

I'm praying for him Luther, sincerely mean that

 

[hog88]

What does this mean?

It means exploration/production and refining will slow and a lot will stop. Some companies will go belly up and once the world demand ramps up again there will be a shortage.

 

[volfanhill]

What does this mean?

It means us oil is in all likely hood done. It means they won’t be drilling bc no where to put it. It means when things get moving again potential shortages and ridiculously high gas prices. It means back to being at the mercy of OPEC.

 

[GordonC]

Ethanol is responsible for killing more lawn mowers and weed eaters every day than the Covid-19 virus has killed people. It ranks right up there with the EPA mandated fuel can pieces of sht.

I don't have much trimming to do, and I just gave up on gas-powered ones for that very reason. I picked up an el-cheapo electric one at Lowe's and slapped a protection/replacement plan on it, 3 years I think, and basically said just forget this.

Last summer, I had to go through a storage area and find some old-school gas cans that didn't leak for mower gas, because mine had some stupid springy mandated release to pour deal on it. The spring broke. And I had a hard time finding a regular old gas cap that would fit the tank.

 

[Mick]

I don’t think he realizes what this will mean in the months to come

I'm pretty sure that was a statement about throwing money at an industry and not any prognostication of future oil prices.

 

[Mick]

It means us oil is in all likely hood done. It means they won’t be drilling bc no where to put it. It means when things get moving again potential shortages and ridiculously high gas prices. It means back to being at the mercy of OPEC.

Who's mercy are we under now?

 

[headhunter15]

It means exploration/production and refining will slow and a lot will stop. Some companies will go belly up and once the world demand ramps up again there will be a shortage.

Thanks for clarifying. That’s just great...
Hello $4+ gas...

 

[LouderVol]

Not good at all. I’d say we have entered a new depression.

Yarp. American crude needs what? 25-30 to break even? Not even SA can sell it for a buck and turn a profit.

 

[volfanhill]

Who's mercy are we under now?

Two months ago we could have told OPEC to F off.

 

[titansvolsfaninga]

The left's plan is playing out exactly how they wanted it to.

The left? Who is in the White House? Senate? It takes two to tango. Stop being a victim.

 

[Orangeburst]

It means exploration/production and refining will slow and a lot will stop. Some companies will go belly up and once the world demand ramps up again there will be a shortage.

Week old article
Looks like Canada is screwed on storage and restart
Looks like US still has storage available for up to 60 days
North America’s Oil Industry Is Shutting Off the Spigot

 

[VolStrom]

I look for more frequent releases of these killer virus's now that China sees what kind of devastation they can unleash on the western economies.

 

[0nelilreb]

Why do you think this is good for farmers? Corn Futures are about to hit a 10 year low due to ethanol/gasoline demand crashing.

You realize they will still plant corn , soybeans , milo and wheat right ? You can’t do anything on a farm without using fuel . The cost of that fuel affects everything that is done .