That's such a glib answer I feel compelled to respond even if it goes a bit off-topic.

Our "allies" the Saudis are in a price war with the Russians with all restrictions on production volume coming off April 1. The Russian goal is to destroy the fracking industry in the US by flooding the market with cheap oil and waiting it out. Oil is now trading well below its commodity price of $21 (WTI) - as little as $10 to $15 bbl, well below Permian basin break-even of ~$43. The worldwide contraction in demand from the current crisis is going to be upwards of 18M bbl per week in April and crude will drop into the teens. April contracts for gasoline are trading at 53 cents a gallon right now, and there=E2=80™s a glut of winter-blend gas that has to be sold. Some light reading on oil: https://www.investing.com/news/commodities-news/in-oil-markets-its-back-to-1998-crisis-pricing-2122511

Gas prices have plummeted and will continue to do so: https://www.gasbuddy.com/go/gas-price-report-march-23-2020/ It's headed for less than a dollar in parts of US: https://www.marketwatch.com/story/gas-prices-could-soon-drop-to-99-cents-a-gallon-in-parts-of-the-midwest-2020-03-23

The notion that US environmental laws have any demonstrable effect on gas prices is utterly specious.

Rob Toreki

On Mar 27, 2020, at 11:06 AM, Bill <0000048b89bc676d-dmarc-request**At_Symbol_Here**LISTS.PRINCETON.EDU> wrote:

Or go back to $5.00 + per gallon gas. Always choices I reckon

Thank you in advance,

Bill Parks
CIHM, CHST, LSP, CEHT, H2S Trainer
CHEMPHYXX......is on LinkedIn; and OutReachTrainers.org
630/380-4032

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On Friday, March 27, 2020, 08:01:32 AM PDT, ILPI Support <info**At_Symbol_Here**ilpi.com> wrote:

Official word: https://www.epa.gov/sites/production/files/2020-03/documents/oecamemooncovid19implications.pdf

News stories:

https://www.cnn.com/2020/03/26/politics/epa-coronavirus-pandemic/index.html

https://www.cbc.ca/news/technology/epa-enforcement-covid-19-1.5512023

Small excerpt from the latter:

The oil and gas industry were among the industries that had sought an advance relaxation of environmental and public-health enforcement during the outbreak, citing potential staffing problems. The EPA's decision was sweeping, forgoing fines or other civil penalties for companies that failed to monitor, report or meet some other requirements for releasing hazardous pollutants.

Good chance to empty out those toxic holding ponds while you can, I guess.

Rob Toreki

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