RE:RE:RE:Look at historyRussians and Americans call the shots now. USA will never allow Canadian market access unless it flows through them at 40% discount. Now JT Adolf Stalin is killing the industry, has nationalized the only ex USA market access, and is virtually Nationalizing the entire industry that will remain via civil servant union funds buying all the shares foreigners are dumping, it's clear all O&G will be state sponsored just like old Soviet days. Better to buy Russian energy at least they have 500MN has users and multiple pipelines and deep water access to global markets plus the military to slap any one down. Follow the money and exit Canada, unless you are a silver spoon civil servant then keep your money here lol.
Relaxrelax wrote: Oil is never going down to $50. OPEC + has its act together and Saudis need $70 oil. US is not increasing production. Only scenario would be a world covid lockdown again and if that happens we're all screwed.....only stay at home tech stocks will survive. I just don't see it happening as the world vaccination rate has nowhere to go but up. US, the world's largest economy will never lockdown again.