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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

Comment by malx1on Dec 20, 2022 3:37pm
182 Views
Post# 35183022

RE:Vaccination against global warming?

RE:Vaccination against global warming?
Yasch22 wrote: At first I was thinking, what a great idea Nukester came up with. Then I realized that Canadians are already taking their medicine in the fight against the climate change pandemic. It's called the carbon tax. 

My case: drivers in Ontario pay roughly 5.3 cents per litre of gasoline (the feds add 11 cents per litre, but the provincial government knocks that down by 5.7 cents).

My wife and I buy about 2000 litres of gas per year. Total paid in carbon tax = $106.
Total carbon tax rebate per couple in Ontario = $559.
Net gain = $453. Thank you, Ottawa!

All in all, I'm slightly incentivized to do less driving and to do more walking. If we cut down on our driving by 10%, I save about $300 in total (if gas stays at roughly $1.50/litre). I'll probably do it, because I'm a penny-pincher by nature.

On top of the individual consumer's case, every business in Canada is significantly incentivized. Look at all those great Canadian gas and oil companies -- like Peyto, for example -- who've knocked "carbon intensity" down to levels where they're saving some half-decent coin.




What if the Vaccine itself is more harmful than the disease?

My, my, myocarditis....  There will be a song about this 'mass formation psychosis' one day.

At least we have the trusted UK parliament seeking to openly discuss the potential harm caused by mRNA shots.

Many will be hopping mad when the truth is revealed in time.


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