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Pembina Pipeline Corp T.PPL

Alternate Symbol(s):  PBA | PBNAF | T.PPL.PR.A | T.PPL.PR.C | T.PPL.PR.E | PPLAF | T.PPL.PR.G | PMBPF | T.PPL.PR.I | T.PPL.PR.O | T.PPL.PR.Q | PPLOF | T.PPL.PR.S | PMMBF | T.PPL.PF.A | T.PPL.PF.E | T.PPL.PF.B

Pembina Pipeline Corp is a Canada-based energy transportation and midstream service provider. The Company owns pipelines that transport hydrocarbon liquids and natural gas products produced primarily in Western Canada. It also owns gas gathering and processing facilities and an oil and natural gas liquids infrastructure and logistics business. It operates through three segments: Pipelines, Facilities and Marketing & New Ventures. The Pipelines segment provides customers with pipeline transportation, terminalling, and storage in key market hubs in Canada and the United States for crude oil, condensate, natural gas liquids and natural gas. The Facilities segment includes infrastructure that provides Pembina's customers with natural gas, condensate and natural gas liquid (NGL) services. The Marketing & New Ventures segment undertakes value-added commodity marketing activities including buying and selling products, commodity arbitrage, and optimizing storage opportunities.


TSX:PPL - Post by User

Comment by masfortunaon Nov 07, 2021 12:32am
279 Views
Post# 34096868

RE:RE:RE:Interesting article from The Guardian in England

RE:RE:RE:Interesting article from The Guardian in EnglandI think you are missing the point as well.  The issue is not whether we will use oil BUT how much of it. It's a supply balance.  The higher the cost of oil, the more it will encourage producers to produce. The Saudis DO NOT WANT high oil price numbers.  Anthinh above $70 but below $80 is the prime level for them. If they see too much supply that may drop the price down, they will turn off the taps. Too much supply and they will increase the production.  There will NOT be a repeat of 2018.  They learned a valuable lesson...And FYI- Ev production requires a lot of energy (i.e. oil). So I wouldn't hold my breath mate...
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