Another Coronavirus Victim: The Green New Deal
Good Morning!
How is your isolation going? I am still surviving with my own company but I am beginning to sense that friends and family are starting to feel the strain. We have to buck up and keep the isolation continuing as we slow the progress of the virus. It's tough but we can take it.
For all of us in the oil business things are doubly bad, Oil prices are so low due to both oversupply and lack of demand that we may see the industry wrecked. Of particular concern is the heavy oil wells which produce a lot of sand in the production process. If these wells are shut in the sand drops out and plugs the wells up. This is a serious problem for every operator, the industry and the citizens of the province.
Now for the good news, the current pandemic is putting a stake in the heart of all the climate catastrophists. Their dogma pales in the face of reality.
Be well,
J