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East West Petroleum Corp V.EW

Alternate Symbol(s):  EWPMF

East West Petroleum Corp. is a Canadian exploration and production company. The Company is pursuing conventional exploration and development oil and gas opportunities around the globe. In Romania, the Company has exploration rights in two exploration concessions, including EX-7 and EX-8.


TSXV:EW - Post by User

Bullboard Posts
Comment by Thedondomon Feb 07, 2020 1:15pm
76 Views
Post# 30659131

RE:RE:An Interesting Read

RE:RE:An Interesting ReadLots of ignorant people think that 95 million barrels consumed a day is for gas. In reality, only a third is. Majority of oil is used in products like plastics, clothing, manufacturing of all sorts. So stopping oil today might help the carbon foot print, but it would also send the world back 200 years in time as we would need to wear hemp clothing, ride rickshaws, and live in straw/mud huts, and so forth. Electric vehicles could take over all transportation today and we would still need oil. The cheap easy stuff is going away fast. Key now is being part of companies like EW where the balance sheet is clean and there is great upside potential. If G&A is reasonable and books are good, small cap companies can still weather the storm. 
Bullboard Posts