RE:Treading WaterDespite what some investors believe, oil companies are going to have a tough time in the months ahead, but volatility can be profitable for attentive traders (even where the movement is only three cents at a time, in the case of CPG.TO!).
TheBridge wrote: I think we're still in a period of hurt here. Hopefully we can hang in there long enough to make some of that green stuff. Crude prices, because of the virus, are going to be held down for some time yet before transportation resumes and when it resumes the world that has been pent up are going to over-travel with enthusiasm. With the governments pouring an enormous amount of money into their ecomomies it might will make it more difficult for them to keep pouring out taxpayers money to subsidize the wind, solar and EV industries, which could lead to more consumption of crude.