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Vermilion Energy Inc T.VET

Alternate Symbol(s):  VET

Energy Oil & Gas E&P
Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The Company’s operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia. The Company operates through seven geographical segments: Canada, the United States, France, Netherlands, Germany, Ireland, and Australia. In Canada, the Company is a key player in the highly productive Mannville condensate-rich gas play. It holds a 100% working interest in the Wandoo field, offshore Australia.


TSX:VET - Post by User

Vermilion Energy Inc > EVs Potential Present
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Comment by geemoneton Jan 12, 2021 2:03pm
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Post# 32277378

RE:EVs Potential Present

RE:EVs Potential Present
hubogkaghorl23 wrote:
Sponsored Post:
Weekly trips to the gas station to fuel up your car are expensive, especially when the ever-fluctuating price of gasoline is moving.  Could this be a new form of potential savings?

Might choosing an electric vehicle, you could forget about paying for gasoline and being at the mercy of gas prices. Not only is electricity less expensive than gasoline, but it also has a much more stable price point.
 
Meaning that rapid price swings are all but eliminated by going electric. check discalimer on profile and landing page


 


gasoline used to just be burned off before the invention of the ICE, it was a waste product.  What do you think will happen to cost of electricity if everyone starts driving EV? I'm not economic genius but as demand goes up for electricity the costs will as well. 

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