Parked In Driveway,
HELP, Oil Prices Have Fallen And Can't Get Up!
The global pandemic shutdown will clear out all economically non-viable oil drilling and pumping operations, and many of them will never have the economic capital to start back up. All the shale pads on the drive from Austin to Yoakum were vacated yesterday. Usually half of them are covered with big, mobile pumping equipment, diesel power-rigs, football-stadium floodlights and RV bunkhouses. Not yesterday. Empty space. Nothing and nobody.
West Texas Intermediate dipped to $13/bbl Friday.
It is $20 on Monday morning. Running out of storage for it, too.
https://oilprice.com/Energy/Energy-General/Rig-Count-Crashes-Most-In-4-Years-As-Oil-Shock-Rocks-US-Shale.html
“Russia is best-prepared of all the oil-producing countries, as our economy has been living in an economic war mode for 6 years,” the president of the Russian-Asian Union of Industrialists and Entrepreneurs, Vitaly Mankevich, told RT...
“It will be a disaster [for the Russian economy] if oil companies become unfeasible, that is, when oil prices drop lower than 15 dollars per barrel,” Sergey Suverov, chief analyst with Premier BCS, said in an interview with RT.
“It will be a disaster [for the Russian economy] if oil companies become unfeasible, that is, when oil prices drop lower than 15 dollars per barrel,” Sergey Suverov, chief analyst with Premier BCS, said in an interview with RT.
Fracking will not be able to bounce back after a certain amount of time, and it is likely that most of the equipment to drive from pad to pad, and intermittently tap the pad after it sits for awhile, will not be repurchased when it wears out. Only the most profitable pads/wells will be tapped, and only when prices are high enough. Meanwhile, those fracking companies are going to get bailed out, to keep them functional with mountains of bad debt, predicated on high oil prices continuing.
Fracking changed the international oil supply dynamic, allowing the US military to take Iran and Venezuela offline. Private investors were sucked into this by government assurances that "the Fed's got your back".
They will expect to be made whole, but the $US will enter hyperinflation after the current crisis.
Gold has become unobtainable, now that there is significant demand for physical gold. The paper-gold market is busted.
Dr. Clif sends this WSJ udate on the coronavirus treatment with hydroxychloroquine plus azithromycin.
Also, there is an update to the French/Vietnamese clinical trial, which was scandalized a week ago by revelations of improper presentation of patient data to make results look better. The fixed that and have 80 patients now and it still looks good. The Pulmonologists at the hospital where my brother is a Respiratory Therapist are using this combination after checking EKG, which they monitor. This treatment is not discredited. It appears effective.
Russia has had good results with mefloquine, an antimalarial drug related to the chloroquines. They use it together with "a macrolide antibiotic", which azithromycin is. It's hard to find good English-language information on this.
In recent decades there have been numerous studies on zinc lozenges as a treatment for the "common cold". This has been based on cold-symptoms, not viral type testing. Some percentage of "common colds" have always been from coronavirus. The question arises of whether zinc helps treat novel-coronavirus. They use it with hydroxychloroquine in Korea. It is safe and possibly effective. It's cheap, but it's getting sold out.
Take one every couple of hours during illness, then stop.
Bathe the back of your throat with it.
It's been looked at as a preventative for colds, but at lower doses.
Do take vitamin-D.
Low vitamin-D weakens the immune system, and most people who do not work out in the sun are low. If you have not been taking it, take 10,000 international units (2 X 5000 IU) per day until June, then one per day. If you have been taking it, as I have, take 5000 IU/d.
High dose vitamin-C is helpful as an "antioxidant" during the time that a person is sick with fever and feeling bad.
Much of the immune system attack on viral particles and virus-infected-cells is through little bomblets of oxidants which destroy the bad viruses and the cells that are making them. That leaves a big, nasty, toxic mess in your body. High dose vitamin-C helps the body clean up and remove that mess. It is not a preventive treatment.
Oral dosing is 1000 mg 3-4 times per day with water. In hospitals it has been used in IV drips, up to 10 grams (10,000 mg) per day, which has recently been pushed to 20,000 mg/d in some cases.
Consider Dr. Day's Coronavirus Hydration Solution, an added-vitamin-c version of standard oral hydration solution.
Lots of people get nausea, vomiting and diarrhea with this virus. It binds to receptors in the GI tract, as well as airways.
Recipe:
1 liter water
2 level tablespoons sugar
Level half teaspoon salt
1000 mg vitamin-c, available as sodium ascorbate powder 1/4 teaspoon (A little more would also be ok.)
Shut-in until June. That's the pattern we can anticipate, with local variations, based upon pandemic managements to date. Daisy Luther, The Organic Prepper, runs the graphs and numbers.
The sooner your area started social distancing, in relation to penetrance of viral cases, the better your community will fare. Smaller peaks are to be expected in areas less affected, but they are all likely to be in late April.
There will continue to be bleed-over from higher-incidence areas into lower incidence areas. That is already a bone of contention between New York and everybody else.
Bright sunlight and hot humid weather take their toll on exposed coronavirus particles, but there is no counting on that bringing summer relief.
Coronavirus vaccines kill too many of the mice when they are later exposed to coronavirus, due to excessive immunologic reaction, aka "immunopthology", aka "cytokine storm".
"Don't try them on humans" was the advice of SARS-virus-vaccine researchers.
An early warning symptom:
The coronavirus is capable of attacking key cells in the nose, which may explain the unusual finding that some Covid-19 sufferers lose their ability to smell and taste, Harvard Medical School researchers found.
(How did we get lied to so badly? What really brought down that building that afternoon, and when was that decided?)