[SunkenCiv]

...new taxes and massive lawsuits against the fossil fuel industry, as well as by slashing spending on the military...

Just minutes after saying he'd do it -- almost as if he'd had this ready the whole time, but was just stonewalling everyone.

According to a vid I saw from yesterday (can't find it, sorry), the debt load of the smaller oil companies in the US stops 'em dead below $50 a barrel.

Oil demand in Asia is likely to take a hit, and flip into negative territory, as China tackles the coronavirus outbreak, says Victor Shum from IHS Markit.

OPEC needs to cut at least 500,000 barrels daily to offset coronavirus demand shock: IHS Markit | CNBC International TV | Published on February 6, 2020

[SunkenCiv]

John Kilduff, Again Capital, and Brian Sullivan, CNBC, sit down with CNBC's Kelly Evans to discuss how oil is seeing a hit from the coronavirus outbreak on 'The Exchange'.

$50 has always been the savior [point] for oil: Again Capital's Kilduff | CNBC Television | Published on February 24, 2020