Welcome to the Virtual Event we are having. This is concerning confronting the healthcare crisis in Rural America. Today we are releasing recommendations for this. Im bill hoagland, a Senior Vice President with the center, and have the distinct pleasure of working with and overseeing our health care project. We have a very full agenda. Let me get a few logistics out of the way quickly. We are all adjusting to this new way of conducting meetings and events. We hope everything works out as we go through and i want to say thank you to the Production Company for helping us put this on. For those of you who have joined this zoom platform, you will receive a message shortly from one of our staff, morgan bailey, in the chat box function with a link to the report. For the viewers, the cspan viewers and others who wish to get a copy of the report, you can go to our website, bipartisan policy. Org, and a link will be on the bpc events page under the health section. Later this morning, you will h
Over 40 percent with fewer people driving flying or shipping this combined with an excess in Global Oil Production has greatly contributed to the falling market just we have never seen anything like this and of course its a consequence of the pandemic which will eventually and still Oil Production production had already outpaced our need for it so where do you see the oil industry going from here is this a wake up call for it. Well you need to let me take you back in time 1st lets go back to the end of the vietnam war when the war ended in vietnam we had plenty of gas we were supporting the war machine war machines require huge amounts of gasoline and oil yet when the vietnam war ended what happened there was an oil shortage how could there possibly be an oil shortage when the war is ended and were using the last were now using the less well they held it back they created their own shortage because then all of a sudden gas before that was double digit under a dollar a gallon well when
A delivery would have actually been paid to accept it rather than paying to buy it to better understand this lets look at the most widely followed Oil Futures Contract in the United States west texas intermediate crude its june contracts fell over 40 percent with fewer people driving flying or shipping this combined with an excess in Global Oil Production has greatly contributed to the falling market just we have never seen anything like this and of course its a consequence of the pandemic which will eventually and still Oil Production production had already outpaced our need for it so where do you see the oil industry going from here is this a wake up call for it. Well you need to let me take you back in time 1st lets go back to the end of the vietnam war when the war ended in vietnam we had plenty of gas we were supporting the war machine war machines require huge amounts of gasoline and oil yet when the vietnam war ended what happened there was an oil shortage how could there possib
Negatives for the 1st time in history as demands dries up due to the global coated 19 pandemic on monday the price of crude oil fell to negative 37. 63 so anyone expecting a delivery would have actually been paid to accept it rather than paying to buy it to better understand this lets look at the most widely followed Oil Futures Contract in the United States west texas intermediate crude its june contracts fell over 40 percent with fewer people driving flying or shipping this combined with an excess in Global Oil Production has greatly contributed to the falling market just we have never seen anything like this and of course its a consequence of the pandemic which will eventually and still Oil Production production had already outpaced our need for it so where do you see the oil industry going from here is this a wake up call for it. Well you need to let me take you back in time for sed lets go back to the end of the vietnam war when the war ended in vietnam we had plenty of gas we wer
A Senior Vice President with the center, and have the distinct pleasure of working with and overseeing our health care project. We have a very full agenda. Let me get a few logistics out of the way quickly. To this newdjusting way of conducting meetings and events. We hope everything works out as it goes through and think the Production Company for helping us put this on. For those of you who have joined , you willplatform receive a message shortly from bailey,ur staff, morgan in the chat box function with a link to the report. For the viewers, the cspan viewers and others who wish to get a copy of the report, you can go to our website bipartisanpolicy daughter, and a eventsll be on the bpc page under the health section. Later this morning, you will have an opportunity to submit your questions to our Task Force Members vie the q and a function at the bottom of your screen. To the purpose of this event, personally coming from a rural area of indiana with our family farm still operationa