RE:RE:RE:omicron good news at last ! I also believe OPEC is watching this very closely too . These waterfall price drops only reinforce cautious CAPEX budgets and reduced exploration . With their Dec meeting still in session , any excessive SPR dumping or demand curtailment can be responded to in hours by OPEC+ . Who blinks first ???
\\
BayStreetWolfTO wrote: TD, I have come full circle on this.
Similar to my love of the eco woke/environmental terrorists....I now am warming up to covid....it's a great distraction to the Capex issue and is creating massive inefficiency in the world and supply chain. Inefficient process burns more fossil fuels. If we can get the world distracted for a few quarters the damage of Capex will intensify. I am beginning to believe Covid may be a blessing in disguise for oil and gas stocks...although the deaths are terrible.
topdown99 wrote: OMNICON was never an issue or a threat , it has been used as a convenient excuse to try to stampede the sheep . This has been used to help Biden "look" like he single-handed lowered gas prices . It's all BS but that will become clear in the future .
Next week the TSE index welcomes a few new members in the club , these new members show where the money REALLY IS BEING MADE !!!
riky144 wrote: Good news at last! Omicron is causing up to a THIRD fewer hospitalisations than Delta and two Pfizer jabs still slash death risk of severe disease by 70%, major real-world South African study finds
- Officials who analysed 78,000 Omicron cases in the past month estimated that Omicron significantly milder
- Omicron causing 38 admissions per 1,000 cases compared to Delta's 101 per 1,000, first real-world study said
- Study also found two doses of Pfizer's vaccine still provides 70 per cent protection against hospital admission
https://www.dailymail.co.uk/news/article-10308473/Good-news-Omicron-hospitalisations-South-Africa-Delta-level.html