Seven Generations Energy Ltd. class A common shares T.VII

Mr. Trump is at it Again

[retiredengexec]

Trump says "prices are too high at current levels of supply (or words to that effect). He also cuations OPEC not to cut production. I guess as the grand pubah of the US, he can make those statements. I wonder how well this will go down in Houston, Ryadh and Moscow. Not well I would imagine. He has about as much knowledge of what this would do  to his oil and gas sector (ie another 2015 crash which many companies will not survive with current debt levels) as he does to history and presidential duties ( ie. missing the  ceremony on Saturday attended by other international leaders - maybe this is when he dreamt up this post).
I have followed VII for a long time. The first time it really nose dived was in Q-1 2017, when Trump announced the BAT would be coming. Never really have forgiven him for the $4 VII haircut.
This would all be funny if it didn't hurt so much. 
I worry about the future as every hot war starts with economic santions and tariffs. The sad thing is that tariffs are discretionary.

[SiriusBiz]

I suspect the Saudi's aren't willing to heed to Trump after basically being duped by the Iran Oil Waivers..After all it's just another of Trump's nonsensical comments. $55 WTI will for sure drop shale rig counts and most likely we'll see shale production drop off. Shale can't make money at $65 oil, according to a recent article I read. From what I understand there's a