GREY:XEBEQ - Post by User
Comment by
filoux004on Feb 21, 2022 3:41pm
79 Views
Post# 34448356
RE:QUESTION ??
RE:QUESTION ??First of all, war as already begun, second Europe imports over 30% of its energy needs from Russia, third switching to RNG is not a light switch, you are looking at a 20 years ramp up to alternative energies like RNG. Fourth , Russia last week signed 150B oil trade deal with China, so they won't worry about their production finding a client. The immediate market reaction will be 125$ oil which will suffocate European countries and the population will screaming for either Nuclear or more Coal. Is it a tailwind for XBC, id say it's more like a little breeze over several several years. Politely, just my opinion. Long XBC at 2.57