Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

MEG Energy Corp T.MEG

Alternate Symbol(s):  MEGEF

MEG Energy Corp. is a Canada-based energy company focused on in-situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. The Company is engaged in the development of enhanced oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the economic recovery of oil. It transports and sells thermal oil (AWB) to customers throughout North America and internationally. The Company owns a 100% interest in over 410 square miles of mineral leases in the southern Athabasca oil region of Alberta, Canada and is primarily engaged in sustainable in situ thermal oil production at its Christina Lake Project. Christina Lake Project is a multi-phased project, located 150 kilometers south of Fort McMurray in northeast Alberta. It comprised of approximately 200 square kilometers of leases.


TSX:MEG - Post by User

Post by Canadaforoilon Aug 06, 2021 2:25am
174 Views
Post# 33662193

Shortage of jet fuels

Shortage of jet fuels

American airlines are reporting shortage of jet fuel at some airports and saying they will have to load more fuel at larger airports.  With record travellers and new routes opening everyday, the demand has to increase dramatically leading to a higher barrel price.  Time will tell but there is also a noticeable increase in car traffic across N. America which will also draw down gasoline inventories, again leading to a draw in barrels, leading to a higher price.  It is only a matter of time until we see $80 oil if this demand keeps up.
<< Previous
Bullboard Posts
Next >>