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Veren Inc T.VRN

Alternate Symbol(s):  VRN

Veren Inc., formerly Crescent Point Energy Corp., is a Canada-based oil and gas exploration company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its crude oil and natural gas properties and related assets are located in the provinces of Saskatchewan, Alberta and the United States. Its operating areas include Viewfield area of southeastern Saskatchewan; Shaunavon resource play, which is located in southwest Saskatchewan; Flat Lake play, which is a multi-zone resource play located in southeast Saskatchewan; Kaybob Duvernay play, which is situated in the heart of the condensate rich fairway, Central Alberta, and Montney assets in Alberta. Its wholly owned subsidiaries include Crescent Point Resources Partnership, Crescent Point Holdings Ltd. and Crescent Point U.S. Holdings Corp.


TSX:VRN - Post by User

Comment by Carlito3211on Sep 17, 2022 3:09pm
248 Views
Post# 34969169

RE:Why would federal reserve want a usa recession?

RE:Why would federal reserve want a usa recession?The only way to tame inflation is to jack up interest rates. During the 1929 crash and the ensuing great depression the biggest mistake was governments lowing interest rates which only made the situation worse. You have to rein in the out of control spending by the populace  and really this bunch of misfits running Canada did nothing to put away money for a rainy day when things were actually pretty good either. They spent like drunken sailors in the good times and they continue to spend and waste money in the bad. They were warned that the day and age of no, to non exsistant interest rates, would eventually come to an end. Just how much is that 1.2 trillion debt of Trudeaus costing us every day now as he chases our number one economic driver, energy, out of the country also??
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