JTR
Well-known member
Nothing to do with Maduro sending a naval vessel to ram a cruise liner, nothing at all.
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Oil Patch and Alberta
- Thread starter Mad Mike
- Start date
It was because people using oil as an investment were terrified they might have to physically touch the stuff and had absolutely zero idea how to do that. Contracts were coming due and the holder has to pickup their oil at *** (cant remember where). The money people always get out before that happens. Paying someone to take your oil is cheaper and easier than transporting it to storage (which is full now anyway and not available).
I am entertained by your idea. Drive up to a refinery with four barrels in the back and ask them how much would they charge to run your stuff. They are probably just as ill-equipped to do that as the bankers that dumped the crude in the first place.
With the present status of cruising the cruise ship owners probably would have liked it sunk for the insurance money.
I've read more than a few stories recently stating that insurance companies are refusing payouts for pandemics....even though people specifically have 'pandemic' under the list of insured against calamities...I think there's a few class action suits being setup right now.
Our insurance rates are going to go through the f'ing roof soon.
EDIT: commented due to insurance, went off the rails towards COVID thread. Ooops.
Insurance Company to policy holder: "Rates are going up because something happened."
Policy Holder: "What happened?"
Insurance Company: "Doesn't matter."
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The Costa Concordia was scrapped at a total cost of a billion.
Costa Concordia - Wikipedia
Any pictures of Schettino's girlfriend, the one he was trying to impress? Worth a billion?
Blood bath is starting out East. Hibernia is decimating staff. Expects a 12 to 18 month shutdown.
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