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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.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

Post by RagingBull3on Feb 22, 2022 2:56am
339 Views
Post# 34449161

Economics 101..... The BASICS

Economics 101..... The BASICSInflation/Costs/Prices = Money Supply + Demand - Supply        

It's that simple..... 

If you increase/decrease money supply and demand and supply does not change, then inflation/costs/prices increase/decreases respectively.

If you increase money supply, increase supply but demand remains the same, then the increase in supply will reduce the effect of the increase in money supply...... inflation/costs/prices remain relatively the same.

etc..etc...etc...

Now, virtually every country printing money like there's no tomorrow, increasing money supply.

China used that money to INCREASE SUPPLY....building Entire New Cities, Power Dams, Power Plants, 40000km High Speed Rail...etc..etc.

What did we do?????   We didn't really increase supply of anything or make anything new except for Crypto basically..... Hence... Stock Market, Housing, Crypto skyrocketing.

After Inflation stops skyrocketing....What comes next???????

Hint.....Either a sharp Crash or Japan's LOST DECADE....     Take your pick. 

All just my opinion/view/thinking



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