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Skimm This

Low Lows: Oil Prices Go Negative For First Time

Skimm This

theSkimm

News

4.53.6K Ratings

🗓️ 20 April 2020

⏱️ 11 minutes

🧾️ Download transcript

Summary

Most public health experts agree: we need more testing to start lifting stay-at-home orders. But in the US, officials disagree on how to get more tests. We’ll explain how this impacts you. Meanwhile: people across the country defied social distancing measures this weekend to protest. We’ll explain what message protestors are trying to send. Also on today’s show: the price of oil dips into the negatives for the first time. We’ll look at why that happened and why it’s such a big deal.  Call and leave us a voicemail at: 646-461-6370 to shout-out a loved one or share how you’re helping your community during the pandemic. You might hear your message on the show. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's Monday, April 20th.

0:03.2

Welcome to Schim this.

0:04.6

We're breaking down the most complex stories of the day and giving you the context on why

0:08.4

they matter.

0:09.8

When it comes to lifting state home orders, nearly everyone seems to agree.

0:14.0

We need more testing, but they disagree on how to do it.

0:17.9

We'll tell you how this impacts you.

0:19.7

Then, people across the country defied physical distancing measures this weekend to protest.

0:25.6

And finally, today the price of oil dropped to below $0, which it turns out is a thing.

0:31.7

We'll tell you why this is such a big deal.

0:34.1

We're here to make your evening smarter.

0:36.1

Let's Schim this.

0:38.1

Okay, the COVID-19 pandemic is a rapidly changing story with lots of moving parts.

0:44.2

And we're going to help you sort out what exactly you need to know, starting with the

0:47.8

three big developments of the day.

0:50.3

For the past week, we've been seeing lots of headlines about how and when the U.S. might

0:54.8

return to normal life.

0:56.8

And after President Trump released guidelines to get Americans back to work, some governors

1:01.0

are saying, we'll do that when you help us ramp up testing.

1:07.0

Right now in the U.S., about 150,000 people are getting tested for COVID-19 each day.

1:13.4

These are diagnostic tests, the ones that detect current infections.

1:17.8

A group of Harvard researchers says, we're going to need to triple the number of tests

...

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