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Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
- Thread starter MissThundercat
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Deutsche Gopher Fan
Guest
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Goldman Sachs projecting a
24% decline in second-quarter GDP. <br>"Nearly two-and-a-half times the size of the largest quarterly decline in the history of the modern GDP statistics”</p>— Steven Dennis (@StevenTDennis) <a href="https://twitter.com/StevenTDennis/status/1241038712290643977?ref_src=twsrc%5Etfw">March 20, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Goldman Sachs projecting a
24% decline in second-quarter GDP. <br>"Nearly two-and-a-half times the size of the largest quarterly decline in the history of the modern GDP statistics”</p>— Steven Dennis (@StevenTDennis) <a href="https://twitter.com/StevenTDennis/status/1241038712290643977?ref_src=twsrc%5Etfw">March 20, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Slap Shot
I got nothing
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Our company started posting memos regarding suggested tips and actual requirements in all our facilities here in PH as early as January 28th. In addition determining which of our employees had WFH (work from home) capabilities the first week of February. Unfortunately not every client has signed off on WFH, but at least 50% of our staff is now working at home and that number will keep rising.
Hurdles: On top of Federal rules put into place regarding the current quarantine, additional layers of rules have been added by various province governors, city mayors and barangay captains that complicate travel between them. In some cases we won't be able to deliver equipment (monitors, thin clients, etc.) to some employees because local governance prevents entry from anyone that doesn't live within that border.
Our company started posting memos regarding suggested tips and actual requirements in all our facilities here in PH as early as January 28th. In addition determining which of our employees had WFH (work from home) capabilities the first week of February. Unfortunately not every client has signed off on WFH, but at least 50% of our staff is now working at home and that number will keep rising.
Hurdles: On top of Federal rules put into place regarding the current quarantine, additional layers of rules have been added by various province governors, city mayors and barangay captains that complicate travel between them. In some cases we won't be able to deliver equipment (monitors, thin clients, etc.) to some employees because local governance prevents entry from anyone that doesn't live within that border.
French Rage
NICKERSON HAS [CENSORED]
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Impossible. With those moochers in NY and CA locked down, the productive and creative people of KS and OK will lead us to a new golden age!
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Goldman Sachs projecting a
Impossible. With those moochers in NY and CA locked down, the productive and creative people of KS and OK will lead us to a new golden age!
Kepler
Si certus es dubita
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Um. Is that possible? That can't be possible right?
I have heard the barrel that holds the oil is now more expensive than the oil.
Um. Is that possible? That can't be possible right?
I have heard the barrel that holds the oil is now more expensive than the oil.
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
I understand that it's happened briefly in the past. They pay the refiners to take it away so they don't have to shut down, the refiners jack it up to about $0.90/gallon at the actual gas pump.
I understand that it's happened briefly in the past. They pay the refiners to take it away so they don't have to shut down, the refiners jack it up to about $0.90/gallon at the actual gas pump.
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
That's a silly meme. The stuff isn't put into physical barrels. Someone just found a barrel on Amazon the price of which happened to be close that day. I paid $100 each for some barrels to hold chemicals not a month ago.
Kepler
Si certus es dubita
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Must... not... make... joke...
Must... not... make... joke...
Kepler
Si certus es dubita
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Next you're gonna tell me that sweet crude isn't sweet.
Next you're gonna tell me that sweet crude isn't sweet.
dxmnkd316
Lucia Apologist
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Refining is an expensive and energy-intensive process. Just because oil is down doesn't mean it costs less to refine.
Refining is an expensive and energy-intensive process. Just because oil is down doesn't mean it costs less to refine.
French Rage
NICKERSON HAS [CENSORED]
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
More of an umami experience, tbh.
Next you're gonna tell me that sweet crude isn't sweet.
More of an umami experience, tbh.
dxmnkd316
Lucia Apologist
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
FastAndTheFurious.gif
FastAndTheFurious.gif
unofan
Well-known member
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Depends on the subsidies involved. There's a thing called "negative wind" where localized wholesale prices for electricity overnight can become negative, but the producers keep the windmills going because the tax credits more than offset the negative price.
I could see something similar occurring with oil.
Depends on the subsidies involved. There's a thing called "negative wind" where localized wholesale prices for electricity overnight can become negative, but the producers keep the windmills going because the tax credits more than offset the negative price.
I could see something similar occurring with oil.
Kepler
Si certus es dubita
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
I hadn't thought about that. What percentage of the price of oil is the oil, as opposed to refining and transport?
I hadn't thought about that. What percentage of the price of oil is the oil, as opposed to refining and transport?
dxmnkd316
Lucia Apologist
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
No idea. WOuldn't be surprised if you could find that info about five years ago from the DOE. Who knows now.
You can find that info for general energy production. I know 25% is lost to just transfer alone.
No idea. WOuldn't be surprised if you could find that info about five years ago from the DOE. Who knows now.
You can find that info for general energy production. I know 25% is lost to just transfer alone.
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
From what I read yesterday it's roughly 90 cents/gallon to make, distribute, and markup gasoline out of free oil. But it's not a straight formula, there are all kinds of taxes and whatnot that come into play.
From what I read yesterday it's roughly 90 cents/gallon to make, distribute, and markup gasoline out of free oil. But it's not a straight formula, there are all kinds of taxes and whatnot that come into play.
Handyman
Hug someone you care about...
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
This should go well:
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">COMING UP:<br><br>Senator Kelly Loeffler (R-Ga.) joins me on BloombergTV at 4:30pmET.<a href="https://twitter.com/BloombergTV?ref_src=twsrc%5Etfw">@BloombergTV</a> <a href="https://twitter.com/business?ref_src=twsrc%5Etfw">@business</a> <a href="https://twitter.com/SenatorLoeffler?ref_src=twsrc%5Etfw">@SenatorLoeffler</a> <a href="https://twitter.com/KLoeffler?ref_src=twsrc%5Etfw">@KLoeffler</a> <br><br>
<a href="https://t.co/j91oaYUMif">https://t.co/j91oaYUMif</a> <a href="https://t.co/70UvaR9ZCC">pic.twitter.com/70UvaR9ZCC</a></p>— Kevin Cirilli (@kevcirilli) <a href="https://twitter.com/kevcirilli/status/1241093221456977922?ref_src=twsrc%5Etfw">March 20, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
This should go well:
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">COMING UP:<br><br>Senator Kelly Loeffler (R-Ga.) joins me on BloombergTV at 4:30pmET.<a href="https://twitter.com/BloombergTV?ref_src=twsrc%5Etfw">@BloombergTV</a> <a href="https://twitter.com/business?ref_src=twsrc%5Etfw">@business</a> <a href="https://twitter.com/SenatorLoeffler?ref_src=twsrc%5Etfw">@SenatorLoeffler</a> <a href="https://twitter.com/KLoeffler?ref_src=twsrc%5Etfw">@KLoeffler</a> <br><br>
<a href="https://t.co/j91oaYUMif">https://t.co/j91oaYUMif</a> <a href="https://t.co/70UvaR9ZCC">pic.twitter.com/70UvaR9ZCC</a></p>— Kevin Cirilli (@kevcirilli) <a href="https://twitter.com/kevcirilli/status/1241093221456977922?ref_src=twsrc%5Etfw">March 20, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>- Status