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.

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Cenovus Energy Inc

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Post by RagingBull3on Feb 22, 2022 7:00am

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Post# 34449258

Economics 102.... The Basics

Money Supply/Printing Money = DEBT

Central Banks Prints Money and LOANS it to the Banks which in turn loans it out to people and businesses. Interest is charged on the loan each time it's loaned out. They get people to take the loans (increase their debt) by offering low rates (near Zero %).

Another way of Printing Money that the Central Banks have been doing lately is "Buying Assets". I'm guessing buying Bonds and Stocks in the market..... Pushing/Manipulating Prices UP to crazy levels... buying/pushing bonds prices up so high that they are yielding near ZERO %.

All just my opinion/view/thinking

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