[Truethug]

Because of China locking down tens of millions of ppl and banning cars on the road to stop Coronavirus spreading, all that oil (gas, jet fuel, motor oil even, any petroleum product really) not being used is stock piling.

So we should in theory see lower prices for gas and motor oil.

It may also end fracking.

So in the next couple weeks, look out for insane deals on motor oil for tour Toyota.

Walmart (last time I checked a few days ago) was selling Pennzoil’s top shelf juice Ultra Platinum for $20.98 for a 5q jug. The house brand synthetic is like $15-18 I think.

And Pennzoil has a $22 Shell gas gift card program for buying their jug.

Look out for more deals bc of the China slowdown of resource demand.

Coronavirus will hurt fracking and eventually drive prices higher

When oil is too cheap, fracking is unprofitable. Add that to existing problems and what got the world through 10 years of escalating oil use.

fortune.com

 

[Deadly Sushi]

Interesting theory. But do these people in that area really use vehicles? Also... it would be a drop in a bucket. ALSO petroleum is used to make MANY things. I think youre not correct.

 

[Truethug]

those cities are fill of ppl and cars. Hence, their famous smog.

50 million ppl not driving will hit the supply of oil.

Even Apple is feeling problems bc of the lockdown with production and profits.