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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 mnztron Sep 28, 2021 11:49am
160 Views
Post# 33930713

RE:RE:RE:RE:Energy prices

RE:RE:RE:RE:Energy pricesTommy boy, you really need to get into math. Do you have ANY idea how much natural gas you need to burn to emit 1 ton of carbon? About 18000 cubic meters. I use about 3000 cubic meters. So even at 170/ton. My carbon tax will be about $28. I am pretty confident I will still be heating with gas, although I may install a hybrid heatpump system.




Tommy123 wrote: Solid point. This will encourage more people to switch from a natural gas furnace, to electric. I suspect that by 2030 when the carbon tax is $170/tonne, everyone will ditch their gas furnace out of financial necessity, unless they want to pay close to $1,000 a month to heat their home in the winter. 

CashGreenGold wrote:

BINGO

 

mnztr wrote: High energy prices are a dream come true for Trudeau. It allows the green agenda to proceed while cash pours into the treasury in the form of GST revenue. If people start to hurt he may give them tax credits but he WANTS high fossil fuel prices. Its great for his program. It also allows more govt borrowing as it backstop the CAD. High energy prices is a WIN for Trudeau.

 

 

Tommy123 wrote: With oil and gas prices soaring, we really need Trudeau to step in and cap prices to ensure supply for Canadians. I suspect that will happen this winter when heating costs increase. There's real stagflation coming that is going to require government intervention in the market. People can't afford these cost of living increases while oil companies are making billions in profit. 

 

 




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