Governor Newsome of California has just issued a stay at home order for the entire state. Chevron headquarters are in San Ramone, SE of Oakland. What now?
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Looks like 144UebJR is the only one awake on this board. The rest of the zombies just believe whatever comes across their TV or phone. I know there are a lot of smart people on this board, common people wake up. The Fed announce it is pumping $1 trillion a day, buying up assets all over the world in efforts to save the economy due to some corona virus. The president declared war power. Can’t you see what just happened? Capitalism died and the government is buying up everything. And when people figure this out, they are going to be p-ss-d, which is why the military is being deployed.
144UebJR: Good idea. Let’s reduce the excess population so the rest can have a better time of it. You first!
Work from home is more effective than anyone thought. I see it becoming very common in Chevron after the crisis. We can save a fortune on office space. This is cool!
US mortality stats: approximately 340,000,000 people in America. As of 3/20/20 there are ~17,500 cases of CoVid-19. 224 deaths that means 1 person for ever 1,517,817 Americans have died.
So the odds are currently 1.5 million to 1 that you will die of the corona virus.
Irrational levels of fear and unreasonable measures being enacted for a virus of this nature.
Sure its bad and could get much worse, but this is population control of the first order. Something else is going on behind the curtain and we simply are not being informed. Huge financial impact is being suffered, plenty more to come and no word when these economic chains will be lifted. Major financial impact will be suffered. Something is amiss and the truth may be stranger than we would care to believe.
This sounds irresponsible and not humane, but why are we sacrificing everyone's life for the let's say 4% death rate? Why not keep working and keep everything open if the reality regardless of social distancing or not is to have about 50% infection? Which one is better to have a massive folks without a job, kids with no school and education and economy in shambles or have 4% death rate, the gun violence, other diseases have similar death rate, so why not just keep thing as it was and accept the fate of some might not be to live through this?
Energy is exempt
Hmmm...."Stay home"?
“What now?”...stay at home an pray you are not already infected. Prediction is half of Californians will be infected in the next two months (30 MM people), and up to a quarter of those will require hospitalization (or at least oxygen)(8 MM people), and a quarter of those will need to be on a ventilator for at least a few days (2 million people) or they might die. With only 30k ventilators in the state, and a lot fewer qualified techs to hook them up, you really do not want to be on the 50% infected list! Be smart. Be safe.
“It’s all good.”
San Ramon has already been ordered to shelter in place. Oil and gas production are considered an essential business exempt from the restrictions, so some employees will continue to work.
The bigger implication is that demand for products will continue to plummet. So Chevron will keep getting hit on both the supply side from Russia / SA and on the demand side from these sorts of restrictions across the world. Not good.