Originally posted on Trican bullboard.

The markets can ignore these energy stocks for now but it is only a matter of time that the world demand for oil hits and surpasses the 1,000,000 bpd mark. The shallow shale plays are limited in their reserves and the little or no investment in oil production in the last few years will create a supply imbalance as world oil demand increases into the future. People are mesmerized by the marijuana industry but at the end of the day, even though this industry can generate decent tax revenues, it's the energy industry that makes this great country of ours move forward.