Post by
lashing on Oct 26, 2021 7:58pm
The more "green" nonsense the higher oil goes
Make no mistake, oil companies are getting hammered from all angle politically. No one in their right mind would explore or start new wells under these conditions. Exploit whats in place, shake head and sell to highest bidder. Thats all any oil co can do.
Sadly this will effect us all as put yourself in the position of these companies. Are you going to
A) give back to shareholder
B) find new ways to line your own pockets as the end is near
Obviously, fossil fuels are here to stay and eventually, no matter the nonsense sold to public, fossil feuls will remain powering the world. However, its my beleif the Trudeaus of this world want to destroy all business so these resources can be taken over my state opointed monopolys. This is the danger I see to holding oil stock that I think execs see too. However, for the 1-5 year term, its going to make sense either way for oil co's to drive stock prices up so the execs can cash out. So I expect some return to shareholder is going to be the best way for everyone.
I held thru the worst, at which point I was on paper very much ruined. Almost fully recovered now and I'm pretty sure the Trudeaus dont like that at all. They wanted us ruined. ITs going to be a seesaw ahead unless oil execs stick to the return to shareholder plan. So far mainstreem media just begun to write how attractive oil stocks are. If they start dividends both special and regular, and generously there is a real shot of everyone pulling out with a TON of money before the world burns.
Comment by
Pandora on Oct 26, 2021 9:54pm
I assume these are the gummies you are referring to: https://www.healthline.com/health/best-cbd-gummies I'm too old for that s--t. When I was 10 I was too young and every year in between I like to think I had enough common sense to reject it completely -- not unlike it's(not as stinky) cousin tobacco.
Comment by
lashing on Oct 26, 2021 11:26pm
Just because you just walked in the room doesnt mean those who funded the whole operation are "impatient". We held thru the worst of time and dont need children jumpin in and telling us how it is while "smokin a fattie" Open your wallet and/or put your parents house on the line or shut up.
Comment by
Quintessential1 on Oct 27, 2021 7:50am
Extracting value from these types of businesses is probably more prudent than ever. Make hay while the sun is shining. An efficient balance sheet with healthy returns to investors will make the share price rise nicely.
Comment by
lashing on Oct 27, 2021 12:21pm
You keep displaying a lack of truth and understanding. Pretending to be something you are not in a forum is a popular past time I realize, however I've never understood why anyone beleives they fool anything more then themself.
Comment by
whateveryousay on Oct 27, 2021 5:24pm
Lots of drilling activity in Alberta and in most US states.If oil stays where it is or higher there will be a lot of activity for a few more years at least.
Comment by
RayDonovan78 on Oct 27, 2021 5:33pm
Yeah wait until Trudumb starts to build more wind farms and install solar panels.....even after the Europeans have learned the hard way it doesnt work in their warmer climate.......