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Bullboard - Stock Discussion Forum Vermilion Energy Inc. T.VET

Alternate Symbol(s):  VET

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The... see more

TSX:VET - Post Discussion

Vermilion Energy Inc. > If Line 5 is shutdown,...
View:
Post by cleareye on May 17, 2021 4:54pm

If Line 5 is shutdown,...

I am a bull on oil. I love Alberta. I believe VET is a great company. So, this post has no agenda except to ask if anyone has done an analysis on the impact to VET if Line 5 is shutdown.

Thanks,

cleareye.
Comment by Oldnagger on May 17, 2021 5:43pm
It is in the courts for a very long time. Michigan will need to prove that they have jurisdiction which IMOH they do not. By the time line 5 is settled there will be other egress solutions. I.e TMPL and line   3 expanded. Also Gretchen was feeling very lonely and will need to return to her prior activities ( such as beating on dead cats!!)
Comment by cleareye on May 17, 2021 5:52pm
LOL - re: Gretchen. Thanks for your response oldnagger. I have heard that Gretchen just wants money, kind of like those Russia hackers / blackmailers. I am not certain that the TMPL will ever get built. I tend to think that Trudeau bought it and gave the project to civil servants to ensure that it never is completed. What's 10 billion dollars to Trudeau to bury an issue for a few terms and ...more  
Comment by Quintessential1 on May 18, 2021 8:13am
I do not believe that Line 5 is going to shut down but if it did,  VET's operations are globally diverse.  The operations they do have in Canada produce light crude and condensate.  Line 5  transports diluted bituman so the light crude would be shipped another way.  The condensate is used to dilute the bitumen but is highy sought after and would probably remain in ...more  
Comment by Backinblack1000 on May 18, 2021 8:40am
This post has been removed in accordance with Community Policy
Comment by baranja on May 18, 2021 11:41am
you can thank Ottawa Turd for killing all ideas about building trans Canada pipelines instead of relying on other country to transport critical commodity. So dumb and shallow. Next time Canaduh should vote for Greta to be  the next PM.
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