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Crescent Point Energy Corp T.CPG

Alternate Symbol(s):  CPG

Crescent Point Energy Corp. is a Canada-based oil and gas exploration company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its crude oil and natural gas properties and related assets are located in the provinces of Saskatchewan, Alberta and the United States. Its operating areas include Viewfield area of southeastern Saskatchewan; Shaunavon resource play, which is located in southwest Saskatchewan; Flat Lake play, which is a multi-zone resource play located in southeast Saskatchewan; Kaybob Duvernay play, which is situated in the heart of the condensate rich fairway, Central Alberta, and Montney assets in Alberta. Its wholly owned subsidiaries include Crescent Point Resources Partnership, Crescent Point Holdings Ltd. and Crescent Point U.S. Holdings Corp.


TSX:CPG - Post by User

Post by Vinnie3on Mar 14, 2021 2:35pm
286 Views
Post# 32795419

The arabs are in control for higher prices- read

The arabs are in control for higher prices- read As I keep telling you things have changed. Press clippings are in blue.This what the saudi prince in charge of the future kindom said to India crying for lower prices:

The indian position:

Top Indian officials have criticized in recent weeks the OPEC+ alliance about the “artificial cuts” to inflate oil prices. India, which depends on imports for around 80 percent of its oil consumption, has been restless about the higher oil prices, which push up its oil import bill and domestic inflation. 

Here is the smug strategic arab response from the future king:

Responding to a question on India's pleas, Saudi energy minister Prince Abdulaziz bin Salman at a press conference after the OPEC+ decision on Thursday said New Delhi should take some of the crude out of storage that they had purchased "very cheaply last year."

You only talk like that when you are mad.

Here is another smaple of things to come.In the past  Trump told arabs to lower prices and they did , they felt intimidated. But now Biden with his green approach and disrespect for oil creates the right atmosphmere to piss off the future king by snubbing him. Watch the glee from OPEC+ when they get their revenge with the US with astronomical oil prices . Here is the insult and it means more resolve from the future king to piss off the new US administration:

 
In a region where respect, or the lack of it, is as powerful as a physical punch, President Joe Biden's press se
cretary just landed a sharp jab on the jaw of Saudi Arabia's heir apparent.
When answering a question Tuesday about when Biden would talk to the desert kingdom's Crown Prince Mohammed bin Salman, known as MBS, Press Secretary Jen Psaki replied: "We've made clear from the beginning that we're going to recalibrate our relationship with Saudi Arabia."
"And part of that is going back to engagement, counterpart to counterpart. The President's counterpart is King Salman, and I expect that, in appropriate time, he would have a conversation with him. I don't have a prediction of the timeline on that." 
Whether strict protocol or intended diminution of MBS's ranking, the move reflects Biden's public disapproval of the ruler in waiting.

Perhaps the future ruler will say inside : mmmmmm just wait you arrogant condescending overly greedy capitalist dominators, we will teach you a lesson with oil prices you pr....

I am giving you the future, enjoy.

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