Callon Petroleum (CPE)

[TuMaRu]

Governors of NY-NJ-CT have lost their minds forcing visitors from 31 states (the latest total) to quarantine if visiting the tri-state area. In the first place, who would even go there to vacation anymore, prices too high for almost everything, crummy people and nothing great to visit or see.

But they're determined to derail the fledgling recovery so long as they can retain power in their constituencies. Thats all it is -- a power game, without fully realizing the terrible economic consequences it could inflict. If this nonsense goes into next year, expect a full 10-year great depression the depths of which most people would not want to fathom. EU and many countries have still shut off US travelers, airlines are teetering on the brink of failure and oil demand will take 1-2 years to rebalance. Just amazing the partisan politics at play under the pretense of "saving lives". None of them dare blame those protests that caused the flare up to begin with.