Oil crashes 305% to -$36.73 a barrel
Posted By: MDConservative, 4/21/2020 9:40:26 AM
U.S. oil prices plummeted in historic fashion Monday, crashing below zero as traders unloaded positions ahead of the May contract's Tuesday expiration. West Texas Intermediate crude oil futures for May delivery cratered by 305 percent to -$36.73 a barrel. At a price below zero, buyers would be paid to take delivery as there are costs associated with transportation and storage.
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Sheldon Adelson, a rags-to-riches casino mogul who built one of the largest fortunes in the United States and spent it aggressively to bolster conservative politicians and causes, has died at the age of 87, his wife Dr. Miriam Adelson said on Tuesday.
Two Republican state lawmakers are suing Gov. Tony Evers as part of a federal lawsuit to overturn the results of the 2020 presidential election in Wisconsin, Arizona, Georgia, Michigan and Pennsylvania. Reps. Jeff Mursau of Crivitz and David Steffen of Howard are plaintiffs in a lawsuit brought in federal court late Tuesday against officials in all five states... Corrections*
Students are falling behind in online school.
Where's the COVID-19 'disaster plan'
to catch them up? 16 replies
Where's the COVID-19 'disaster plan'
to catch them up? 16 replies
Ruby Rodriguez remembers the days when English class meant walking to her desk, talking to friends and checking the board.
Now class begins when her classmates' names appear online. She sits alone at the dining room table, barefoot and petting the family dog. It's her freshman year at St. Anthony High School, a private Catholic school in Milwaukee, Wisconsin. She doesn't know what her classmates look like, since nobody ever turns on their cameras.
For the third time in less than 30 hours, four justices on the state Supreme Court dealt President Donald Trump a setback Friday, saying they wouldn't accept a lawsuit by Trump allies who wanted to let Republican lawmakers instead of voters decide how to cast the state's electoral votes.
As with two decisions Thursday, Friday's ruling was 4-3, with conservative Justice Brian Hagedorn joining the court's liberals to rebuff the president as he seeks to take away Democrat Joe Biden's narrow win of the state.
"The relief being sought by the petitioners is the most dramatic invocation of judicial power I have ever seen," Hagedorn wrote.
Lennie Mosley, president of the Halyard Park Neighborhood Association, first moved to the area with her husband in 1980.
Back then, she said, few people wanted to live there. Now, the neighborhood's location within walking distance of the Fiserv Forum and related projects has put its housing in high demand and led to a sharp rise in property taxes.
In recent decades, the adjacent Brewers Hill neighborhood experienced gentrification, with longtime residents pushed out as property values skyrocketed due to demand from wealthier buyers who moved in, resulting in higher tax bills for all.
Suspended NASCAR driver says
he didn't intentionally draw
a swastika on his toaster strudel 11 replies
he didn't intentionally draw
a swastika on his toaster strudel 11 replies
Truck Series driver Josh Reaume was suspended indefinitely by NASCAR on Tuesday for violating its social media policy. And according to Reaume, that violation was unintentional.
Reaume, who owns a team in the Truck Series, says he posted a picture to Snapchat of a toaster strudel last week. That seems pretty innocuous, right?
Well, the icing on that strudel was drawn in the shape of a swastika. And Reaume said he somehow didn’t realize that he had drawn a strudel swastika when he posted the picture to Snapchat.
Salad bars have been mostly shut down since the coronavirus pandemic arrived in Wisconsin.
Fox Bros. Piggly Wiggly is bringing back its salad bar with Sally the Salad Robot for a contactless experience.
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There was a lot of money lost for Major League Baseball in 2020.
MLB commissioner Rob Manfred told Sportico in an exclusive interview that the 30 MLB teams are $8.3 billion in debt from their different lenders, and they are expected to post between $2.8-$3 billion in operational losses this year.
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A trend of low ratings throughout the NBA postseason has now reached the NBA Finals. And hit it hard.
Game 1 of the Finals between the Los Angeles Lakers and Miami Heat brought in only 7.41 million viewers to ABC, according to The Hollywood Reporter. That is reportedly the lowest viewership seen for the Finals since at least 1994, when total viewers began to be regularly recorded.
The parents of Anthony Huber, who was killed at a Kenosha protest Aug. 25, are "deeply disappointed that the President, members of the media, and others have said that Anthony deserved to die for attempting to protect others from a person who had just killed someone," according to a statement released Friday by their attorneys.
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The U.S. government is awash in debt and red ink — and neither President Donald Trump or his Democratic challenger appear bothered by the status quo, an analyst told Yahoo Finance on Wednesday.
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In previous years, the federal deficit — and the mountain of IOUs to investors it signified — would figure prominently in a presidential campaign.
Crude oil prices ended the trading session w/w on a bearish note, with losses of more than 6% on the basis that oil traders continued to worry over the outlook for energy demand, as well as a weekly surge in U.S. crude inventories raised fears that the energy market might soon be in an oil glut era.
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As we reported two days ago, Joe Biden completely made no sense when he was trying to explain the Wuhan coronavirus relief bill.
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But there’s only so long that they can hold this off. And it’s getting worse, as video today revealed. Biden was holding an event to announce the nomination
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Evangelicals For Biden ‘Feel Used And Betrayed’
By Biden Fulfilling His Radical Abortion Promises 37 replies
By Biden Fulfilling His Radical Abortion Promises 37 replies
In an open letter released Sunday, Pro-Life Evangelicals for Biden urged him to “honor his commitment” and include the Hyde Amendment in Democrats’ $1.9 trillion COVID-19 spending package, writing “we feel used and betrayed.” The letter states: We are very disappointed about the COVID-19 relief package’s exclusion of the Hyde Amendment, a longstanding bipartisan policy that prevents taxpayer funding for abortion. [snip] As pro-life leaders in the evangelical community, we publicly supported President Biden’s candidacy with the understanding that there would be engagement [with] us on the issue of abortion and particularly the Hyde Amendment
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President Biden on Monday seemed to forget Defense Secretary Lloyd Austin’s name at a White House event—calling the Pentagon chief “the guy who runs that outfit over there.” Biden was announcing the nomination of two female generals to lead US military combatant commands. “And I want to thank the sec—the, the, ah former general. I keep calling him general, but my, my—the guy who runs that outfit over there,” Biden said.(Snip) Earlier at the event, Biden mentioned the Defense Department leader by his name, “Secretary Austin,” while appearing to read from a teleprompter.
The Royal Family was left reeling this morning after Meghan Markle tearfully revealed that the stress of royal life made her suicidal when she was five months pregnant, claimed Archie was denied the title of prince because he is mixed-race and said Kate Middleton made her cry before she married Harry in a bombshell interview with Oprah Winfrey.The couple also chose to reveal that they are having a baby girl to the tens of millions of people watching the CBS show broadcast in the US before accusing the Royal Family of racism and revealing the deep rift 'Megxit' has caused with Prince Charles and Prince William.
I’m probably second to none in my dislike for Meghan Markle. There’s something unattractive about a mature woman marrying into the British Royal family with one of the world’s most expensive weddings, hanging out with the Queen, living in insane luxury…and then whining non-stop about the horror of her life. There’s something even less appealing when that woman accuses the Royal family of race hatred. And the problem is that, when it comes to that left-wing diva, Meghan Markle, it’s hard to believe most of what she says.
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“There must have been a moment, at the beginning, when we could have said –-no. But somehow we missed it.” Tom Stoppard
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Instead, apparently so anxious to become the First Lady by any means necessary, Mrs. Biden continued to push her failing husband’s campaign forward as if he were mentally qualified.
Comments:
Not long ago there was general scoffing at the idea that the price of oil could go negative. And today, here it is. The country is awash in oil. The world is awash with the stuff. Still want to drill, baby, drill? Under these circumstances the government could just "buy" the excess filling the strategic reserve and make a few bucks in the process.