Post by
Wynjoe on Mar 12, 2021 7:02am
Biden,keystone,and western Canada.
Biden has cancelled further drilling on federal lands,he has cancelled keystone xl pipeline,he is very unfriendly to oil.To me,this means a very great year for oil prices.Biden may not want to invest in fossil fuels,but the demand for oil will not be stymied for many years yet.With covid almost in the rear view mirror,and growth ready to explode,oil has the perfect scenario to go above $100.00 per barell,and even surpass historic levels.Planes,trains and automobiles are coming back online daily.Suncor is in the perfect position to make more money this year,then it ever has.STRONG BUY!!!Before first quarter earnings, are released,we will see positive news releases from Suncor,one of these will restore higher dividend to keep pace with higher s/p.$50.00 before year end.
Comment by
Fishermen on Mar 12, 2021 10:09am
Oil in long term, I mean 10yrs from now on, is not a good investment. Enjoy while we still can.
Comment by
NPCexe on Mar 12, 2021 10:44am
I'm hoping people will wake up to the scam that is green energy by then. Not an oil guy, but we need better alternatives.
Comment by
Mtklip on Mar 12, 2021 2:39pm
clearly you're lying about the electric cars explosion, they don't run on gas so they can't explode.
Comment by
Mtklip on Mar 12, 2021 6:28pm
well I was being sarcastic about the EV explosions. They would be lame, just like the cars. Drill baby drill! Or actually no, just print money.
Comment by
Bigbear7405 on Mar 13, 2021 11:45am
Still long way to go before they become mainstream
Comment by
Fishermen on Mar 12, 2021 9:49pm
Because of heavier EV we need more asphalt pavement which is an*dirty* oil sand product???