Talking Points: April 20, 2020

April 20, 2020

The sheet of paper that Paul McCartney used to jot down the lyrics of “Hey Jude” recently sold at auction for $910,000. An outstanding sum when you consider that more than half the words are “na”, meaning each “na” was valued at $4,026.55. Rolling Stone, April 11, 2020

The Strategic Petroleum Reserve has 77 million barrels of free capacity, a little less than the country uses in four days. It currently holds about 635 million barrels of oil in caverns on the Texas and Louisiana coasts. CNBC, April 1, 2020

In Canada, a pint of beer will cost you about $5.00. Today you can purchase a barrel of Canadian crude oil for less than that. In the U.S., oil producers are starting to see negative prices, meaning they are paying refiners to take the product off their hands. Prices for Wyoming Asphalt Sour, a dense crude oil, recently fell to -19 cents a barrel. CNBC and World Oil, March 30, 2020

“Bull markets bail you out of your mistakes. Bear markets make you pay for them.” Anonymous

Verizon said it has seen a daily average of 800 million wireless calls on recent work weekdays, almost two times the call volume on Mother’s Day. The New York Times, April 9, 2020

An Australian study that followed the eating habits of 12,000 people found that those who added eight portions of fruit and vegetables a day experienced an increase in overall mood, health, and life satisfaction- the equivalent of moving from being unemployed to being employed. The University of Warwick

“When I was younger, I could remember anything, whether it happened or not.” Mark Twain

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Image: MrJamesAckerley

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