RE:RE:Long for Long Yep. It'd be one thing to have just undersupply. It's a whole nother ballgame when you also have competitive currency devaluations, demand related fiscal packages and inflation hedging. Plus, like I said, the green thing is a paper tiger. It's classic socialist vitrue speak. Individual socialists want higher taxes for everyone else but them. Green ppl want to still consume and travel as much or more than before, but they think everyone else will consume less. Unlike taxes, you can't force anyone to consume less. Human greed is a wonderful thing
Add to that the funds dumping every Canadian oil name cause of the oil sandz bad narrative. Vast majority of it wasn't because of green virtue. It was cause oil price was terrible and returns weren't there. They'll be buying back when returns become obvious and they'll make up excuses later. Wait for suncor to placate these fools with some esg mandate and it to appear in some esg etf. Returns trump all. And it ain't even close