tyb
no..'member..no d'oh for this machine.
ATPTEST USAF C-40C out of JBA and nw-last saw this just as muh virus stuff started up-went to Portland Int'l and Hilton Head Int'l Apr 1
LOBO715 C-560 nw from MCAS Cherry Pt to Muskegon Cty Airport nw of Grand Rapids MI-froze on scope at current position
PAT974 C-560 and CACTUS4 Beech Huron out of Ft. Worth NASJRB nw
VVLL806 00000000 P-8 Poseidens out of NAS Jax and a P-3 Orion hanging around just south of Jax
Oil continues unprecedented sell-off: June futures drop 24%, but May contract turns positive
West Texas Intermediate crude futures for May delivery pared losses to trade in positive territory on Tuesday, one day after plunging below zero for the first time in history. The contract expires today, which means that thin trading volume has contributed to the wild price action.
The massive selling gripping the oil market is now spreading to more futures contracts, worrying investors about the deep economic damage being done by the coronavirus shutdowns.
The contract for June delivery, which is the more actively traded and therefore a better indication of how Wall Street views the price of oil, slipped 24% to $15.56 per barrel. Earlier in the session it had dipped below $15. The contract for July delivery fell roughly 11% to $23.42.
The May contract last traded at $1.30 per barrel after previously trading in negative territory, which means sellers would effectively pay buyers to take the oil off their hands. On Monday it fell below zero for the first time in history. However, as contracts approach expiration, trading volume is typically thin.
The front part of the oil futures ‘curve,’ which is the May contract that expires today, was hit the hardest since it applies to fuel that’s set to be delivered while most of the country remains on lockdown thanks to the coronavirus. The only buyers of oil futures for that contract are entities that want to physically take the delivery like a refinery or an airline. But demand has dropped and storage tanks are filled, so they don’t need it.
Futures contracts trade by month with expiration dates. Toward the end of their expiration, speculators usually trade out of the contract and then buyers who will accept physical delivery of the commodity remain.
Meanwhile, in another bearish sign, international benchmark Brent crude traded 15.5% lower at $21.60 per barrel. Earlier in the session Brent fell to $18.10, its lowest level since Dec. 2001, before paring some of those losses.
https://www.cnbc.com/2020/04/20/june-oil-futures-rebound-3percent-but-may-contract-is-still-trading-at-negative-price.html
https://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude.html
German AF GAF286 Airbus A400M ws from Bangor, Maine
TOPCT21 R-135 Rivet Joint and COBRA24 R-135 Stratolifter out from Offutt AFB and nw
LOBO715 C-560 has departed Muskegon Cty airport and heading back to Cherry Pt-very short ground stop
don't find out like I did-kek!
RAVE02 and ABILO22 E-6B Mercury TACAMOs up from Tinker AFB and Beale AFB respectively
you got it just after I did the boots on toots pic.
was just a stupid mistake, no alcohol or drugs involved and took full responsibility for not knowing about it at time.
Switched IP's a few weeks later.
I remember after I got the ban hammer saw yours and said..them too.
for a tuesday mebby not. but that does seem a little high