Post by
Wildfury on May 25, 2023 5:51pm
Manipulation at its best
WTI has been climbing the past few days only to give it all back today. WTI down $2.53 US, just under $72 per barrel and yet gasoline prices are rising as if oil is trading at $150 per barrel. In Ontario, the GTA, prices for reg gas are $1.63.9 ? Our government wants people to believe that its the oil companies that are profiting when in fact it our government that's racking it in. They want the mass's to buy EV's and its working from what I've seen lately, more and more TESLAS then ever before. The oil producers are getting screwed along with their stock prices. Are we wasting our time, hoping, waiting for oil and our stocks to climb or are we losing the battle?
Comment by
NorthOntKid on May 25, 2023 6:35pm
We're operating in George Costanza markets for those who remenber the Seinfeld Sitcom. Fundamentals don't apply when the Gangster/Bankers run the RIGGED CASINO!
Comment by
Skylar1 on May 25, 2023 6:42pm
It's the big money traders, Russia said today they expect no cut at June 4 meeting and the selling starts , oil sector is still making big money at todays price and as the economy improves and the debt ceiling is raised oil price will rise for even better profits. If your in this stock for a year or more you will be happy. My two cents GLTA.
Comment by
SuperSportImpal on May 26, 2023 11:26am
EV's are not taking over anytime doon. As soon as the government took the incentives away sales dropped. So i really don't see that much interest. Here in NS, there are hardly any