kjironman1
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Oil currently at $20.33 a barrel. Jan 1st it was $61.18
https://www.cnbc.com/quotes/?symbol=@CL.1
https://www.cnbc.com/quotes/?symbol=@CL.1
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Which would be almost a 67% drop. Seems like we should get at least a 50% drop in gas, which in WA would put it at $1.25. We are still at $2.30. I guess refining and transportation costs may be more fixed and then taxes also. Then how about 25% drop? That should bring it down to $1.88 (which many parts of the country already have); isn't that reasonable?Oil currently at $20.33 a barrel. Jan 1st it was $61.18
https://www.cnbc.com/quotes/?symbol=@CL.1
I think if / when they do come back this experience has probably helped me see my priorities a bit better. Don't think I'll be watching nearly as much.Well, yeah...I could survive without sports. Or without movies. Or without other humans.
But it's nice to have those things. Except other humans.
Sorry Sly. The top said OT so i thought it was OT.I know it's hard but let's try to keep the political posts out of this thread and is the virus thread in the OT section for them.
Sorry Sly. The top said OT so i thought it was OT.
Well come to think of it doesn't "Golf" classify as a sport?You did nothing wrong, just many would like to keep the sports side free of politics as much as possible.
Oil currently at $20.33 a barrel. Jan 1st it was $61.18
https://www.cnbc.com/quotes/?symbol=@CL.1
I went back in at 18,000 DOW and 7200 NASDAQ. Pretty much treading water so far. Some are saying it's gonna go down as much as 50% to 15,000 and 4,000. I just figured 38% was pretty good. Didn't need to be greedy. Won on a few things from the stimulus package. Also the banking industry stocks make money on volatility and trading so up or down they make money. I do not move on commodities and would never touch OIL. But at some point energy companies will come back.You are just waiting to open the wallet and make some purchases aren't you? lol. I cant say i'm not very interested in trying to toss some money out there. Whats the drop bottom do you think?
Rich Paul--the only agent who was forward-thinking enough to put a "paid in event of pandemic" clause in his clients' contracts.
If the salary cap goes down, that will hurt our luxury tax situation.Neither Dame or CJ is represented by Rich Paul. Sucks for them. Might help the Blazers with their luxury tax though.![]()
If the salary cap goes down, that will hurt our luxury tax situation.
I was talking about this season. If the players lose out on, say 10 games worth of pay, that would cut this year’s team salary by about 1/8th. So, instead of 138 million, the salary actually paid this season would be around $121 million. The luxury tax threshold for this year is $132.6 million, and the Blazers would be under that. Assuming I’m understanding this correctly, they would save salary plus tax and would avoid being repeaters next season if they end up above the threshold after off-season moves.