TSX:HSE.PR.B - Post by User
Post by
rexitnopon Feb 08, 2017 9:08am
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Post# 25815158
Share Price Dip
Share Price Dip
I think the share price is dipping (or has topped out?) because people are waking up to the fact that the days of $100 oil (or even $75 oil) are over. OPEC can cut all they want, but the US shale producers are going to ramp up production quickly on any oil gains - thereby capping prices. Further, the shift to electric and battery powered cars is upon us and is undeniable. The smart energy companies are branching out into these realms and not relying solely on oil.