RE:RE:CVE CEO on BNN said and I quote. At the end it is all about energy.
once it was all coal, then came the oil and gas. As long as the new energy source is not self sustainable, the use of oil and gas will continue. In fact, there will be a surge after this pandemic. If Biden gets the Whitehouse, much better for Canadian oil.
Maxmoe wrote: Hahaha! Good one. Did you know using all large caps uses double the energy of small caps? Makes you a HUGE polluter!
topadvisor1 wrote: I don't think oil consumption will go down AT ALL OVER THE NEXT 30 TO 40 YEARS. IS THIS GUY NUTS ??? Does he NOT SEE ELECTRIFICATION and a REAL FACT, that in the next 30 years, OVER 95% OF ALL GAS AND DIESEL VEHICLES, SEMI'S BUSES TRAINS AND EVEN SMALL PLANES WILL BE GONE AND ALL ELECTRIC ??? NO WONDER THE STOCK IS TANKING.