Mon Apr 27 14:05:47 2020
<773ab1f1> Who the fuck is this asshole
<773ab1f1> <https://hls.harvard.edu/faculty/directory/10320/Goldsmith>
<8f79fcda> (((I don’t know but he seems to have a huge nose)))
<75f07d61> <https://www.reuters.com/article/us-global-oil-turmoil/when-oil-became-waste-a-week-of-turmoil-for-crude-and-more-pain-to-come-idUSKCN228059|https://www.reuters.com/article/us-global-oil-turmoil/when-oil-became-waste-a-week-of-turmoil-for-crude-and-more-pain-to-come-idUSKCN228059>
— When oil became waste: a week of turmoil for crude, and more pain to come
— The magnitude of how damaged the energy industry is came into full view on April 20 when the benchmark price of U.S. oil futures, which had never dropped below $10 a barrel in its nearly 40-year history, plunged to a previously unthinkable minus $38 a barrel.
<75f07d61> In Russia, one of the world’s top producers, the industry is considering resorting to burning its oil to take it off the market, sources told Reuters.
<75f07d61> IDK how rigs work, but to consider something like that means they can’t just stop pulling it out of the ground / cap it, and oil can’t just sit in storage.