Unbelievable the level of support for oil by politicians when...

Unbelievable the level of support for oil by politicians when surely we knew demand was dropping. Now there's talk protecting the industry with tarrifs and other support. Warning banks shouldn't discriminate against them regarding loans.

When the Li prices drop, there was little support. They simply expect miners to slow up and go into and care and maintenance. Something is wrong this picture. In few years, we reach peak oil & slowing down oil production is inevitable and very necessary for the environment.

There is too many oil companies, with too much debt and too much government (public) support propping them up. This change will be healthy going forward. While the virus shut down has come up as a shock, it may work out to be a good thing for PLS in the long run.