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Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s):  PEYUF

Peyto Exploration & Development Corp. is a Canada-based oil and natural gas company. The Company conducts exploration, development and production activities in Canada. It is a Canadian energy company involved in the development and production of natural gas, oil and natural gas liquids in Alberta’s deep basin. The Company’s total Proved plus Probable reserves are 5.6 trillion cubic feet equivalent (929 million barrels of oil equivalent) as evaluated by its independent petroleum engineers. Its production’s weight is approximately 89 per cent to natural gas and 11 per cent to natural gas liquids.


TSX:PEY - Post by User

Post by topdopon Dec 23, 2021 10:37am
294 Views
Post# 34257840

Speculated “Energy Cliff” beginning to look like a Certainty

Speculated “Energy Cliff” beginning to look like a Certainty
Good morning from Atlantic Canada.
 
I haven't seen anyone mentioning any of the following, futile, regressive Nat Gas policies beginning to be imposed: this one from NYC:
 
 
"But the hard reality is that the ban will act as a regressive energy tax on the poor and middle class. In addition to making energy less affordable, it will reduce the resilience and reliability of the energy network in America’s biggest city."
 
And where do we think these climate change zealots believe replacement MWs of electricity will come from, nevermind those marginal incremental MW increases required in general for a growing world?
 
...probably from burning NatGas.

And where do the EV vs: ICE. zealots believe their brand new, never before required MWs of electricity will come from to charge their new toys?

...probably from burning Coal (China, Germany) & of course NatGas...
 
The world is going nuts.
 
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