RE:RE:The million $ question I agree...it`s easy to over think stuff.
For me it`s black and white...Equinor dumped, maybe they`ll get it right, maybe they`ll get it wrong.
For whatever reason they can walk the higher path - see you later, WTF needs you.
They sold and a plethora of buyers - myself included stepped in for the fire sale.
Biden signing off on Keystone was the deciding factor no doubt for Equinor, like I said - SYFL and take that little betch with you on your higher moral path.
Alberta oil is here to stay, Alberta resilience is here to stay.
WCS will bounce, now is such an obvious time to add on the pull back.
Yes we as a world will phase out fossil fuels, but why would anyone expect it to happen over night when the most populous countries in the world need it so bad. Just to get a taste of what we take for granted.
Albewrta might have lost a battle, but the war will go on.
WCS will challenge $45, ATH ...in the rear view mirror...will look like such an obvious buy here.
Watch for the set up mid day in Fridays trading - next week when the dust settles - return to the mean - 23 - 27 cents.
My opinion only