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Vermilion Energy Inc T.VET

Alternate Symbol(s):  VET

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

Comment by GregC24on Sep 20, 2021 4:08pm
79 Views
Post# 33887696

RE:RE:RE:RE:RE:RE:RE:Trade group wants restrictions on U.S. natural gas exports

RE:RE:RE:RE:RE:RE:RE:Trade group wants restrictions on U.S. natural gas exportsYou are spending $500/month to heat your home now?  (1/3rd of the tripled gas price of $1,500/mnth you state).   And you pay that in the spring/summer/fall as well?  I suspect you would be far better off investing in some insulation than an electric furnace.   

Do you even close your windows or can't you afford those either and just have holes in the wall?  Do you even have walls?   Heating a tent would be quite expensive.  It would explain a lot.  Not sure where a Bolt plugs into a tent though.


Tommy123 wrote: I suspect that you haven't done the math. Yes, you may be able to afford to operate a natural gas furnace now, but the carbon tax in a few years will be around $10 per GJ (up from $2 now). With natural gas being around $3 now ($5 with the carbon tax), your natural gas bill will likely triple in a few years. Can you afford to run it then? I suspect most people will have an electric furnace, and an electric car, sooner than people think, unless you're rich. I can't afford almost $1,500 a month in the winter to heat my hone, plus another $500 a month to put gas in my car, once the carbon tax increases as scheduled. 

geemonet wrote:

How much is that electric furnace going to cost you to run on a windy cloudy day? You're better off investing in long johns amd toques!!!! Too bad the electricity is generated by natural gas fired plants.... 

what do you think is more efficient 

A. Burning natural gas to make electricity, shooting the electricity all over on the grid, where you turn the electricity into heat.

B. Burning natural gas in your house in a high efficiency furnace. 

Electrical transmission lines aren't very efficient. They lose a lot of power (watts) to the atmosphere due to heat. 


the only green option currently available is the sit in the dark and freeze. Everything else is just arguing over who's farts smell worse, and the truth is they both stink.





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