RE:RE:Some relevant comments from CenovusThe refinery is scrap as the diesel demand in the area will collapse now that Canada has totally lost the LNG competition and the entire area output is landlocked deqlolment is done forever. LKS and associates are exponentially smarter than Canadians and were so lucky to dump HSE months prior to Canada turning into a facist state mirroring the Soviet centrally planned economy with Adolf Stalin population suppression:) They are enjoying bikini clad bambi's and cocktails at the Shangrila pool in Shanhai now lol.
rustyblades wrote: Just some blue sky musing but it occurs to me that Cenovus is a refinery operator and also needs an outlet for its crude which I believe is now mostly exported to the US by pipeline and rail. Does it make more sense for Cenovus to own PGR than it does for Tidewater to own the refinery?
There might be more synergy for Cenovus as they would control the full supply line from extraction to refining.