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Cenovus Energy Inc T.CVE

Alternate Symbol(s):  CVE | CVE.WS | T.CVE.WT | T.CVE.PR.A | CNVEF | T.CVE.PR.B | T.CVE.PR.C | T.CVE.PR.E | T.CVE.PR.G

Cenovus Energy Inc. is a Canada-based integrated energy company. The Company has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The Company's segments include Upstream, Downstream, and Corporate and Eliminations. Its Upstream segment includes Oil Sands, Conventional, and Offshore. Its Downstream segment consists of Canadian Manufacturing, and United States Manufacturing. The Company's upstream operations include oil sands projects in northern Alberta, thermal and conventional crude oil, natural gas and natural gas liquids (NGLs) projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and NGLs production offshore China and Indonesia. The Company's downstream operations include upgrading and refining operations in Canada and the United States, and commercial fuel operations across Canada.


TSX:CVE - Post by User

Comment by RagingBull3on Jan 26, 2022 7:59am
166 Views
Post# 34361316

RE:Everyone KNOWS... If oil jumps to $100+... It Won't Stay

RE:Everyone KNOWS... If oil jumps to $100+... It Won't Stay
RagingBull3 wrote: There Long.   It may even go $150....   but it will be just a blip up and then back down.    Price of oil has always been CONTROLED.... mostly by the USA.    

You have to be a moron to be unable to put 2 + 2 together and figure it out.     All these Attacks in/on/around all these oil rich countries by the USA and NATO over the Decades.... 

If oil goes $100+  or $150.....  You will start noticing sudden spike in mysterious Air Planes suddenly going down/dissapearing/crashing... Assassinations... "rebel" uprising all in the Middle east .... And if that doesn't work, the USA will openly, directly wage war and start dropping bombs destroying entire cities.... bridges, hospitals, schools.... anything not directly connected to oil production.  

Then Sanctions will be place on them to try to starve the population into submission, they will not be able to sell anything but oil.  

That is why when Oil went NEGATIVE.... or when it is NOT economical, we (Canadians) continue to pump and pump and sell to the USA....   We will make all kinds of excuses as to why uneconomical oil price, even negative oil price, is justified.... and make up all kinds of excuses why well continue to sell and even increase production at these prices.....

But deep down you know..... USA is in control.

All just my opinion/view/thinking





This is my opinion/view/thinking about $150 oil, it won't stay there long.
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