Trican Well Service Ltd TOLWF

WCS $65 bbl

[firstworld]

Hard to make money in the highest cost jurdistiction in the world Canada....time to force all oil and gas people to take a 40 % pay cut so they are in line with ROW if don't like it they can find a job elsewhere ...oh wait a minute, Canadians are captive workers in a tiny country haha they will eat it and deliver skip and work at strip clubs to pay the kcmansion mortgage!

[gasoholic]

Time is money The attached shows that the US started LNG construction( in the modern era) in 2016 and has grown to 14 bcf in 2023. By 2026 they will add another 6 bcf to get to 20 bcf. In Canada LNG was being considered in about 2008. If LNG Canada maintains schedule we will have only 1.8 bcf on line in 2025. Phase 2 of LNG Canada has still not been officially announced by Shell and its partners

[firstworld]

USA biult out CAD 500B LNG infrastructure in the last 13 years with no material customers. They needed EU as customer and now have them bent over the barrell. Sadly, with EU steel plants shutting down there is no way Canada can catch this wave. 2027 for a small phase 1 LNG train is nothing.  Everyone one wants 20-30 year LNG purchase deals guaranteed by the state and gold deposits to lify a