At the start of the year, a barrel of West Texas Intermediate (WTI) oil sold for $60. By late April — in the aftermath of the COVID-19 outbreak and a price war between the Saudis and Russians — WTI went negative for the first time ever. The pandemic so obliterated demand for oil that storage costs came to exceed its market price, forcing energy traders to pay as much as $40 for the privilege of parting with a barrel of crude.
Getting “canceled” frequently plays out the same way: A person — whether famous or not — says or does something controversial and the backlash on social media follows swiftly.
YOU’D BE HARD-PRESSED to dream up a nastier confluence of crises besieging California right now. Over the weekend, Tropical Storm Fausto propelled moisture from off the coast of Baja California up into the Bay Area, spawning rare summer thunderstorms. At the same time, the region has been baking under an intense heat wave that has desiccated vegetation, which all too easily combusted when those thunderstorms rolled through.
New research charts out how improvements in aquaculture and sustainable fishing could significantly increase food production from the sea by midcentury.
