Vermilion Energy Inc T.VET

Alternate Symbol(s): VET

Energy Oil & Gas E&P

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The Company’s operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia. The Company operates through seven geographical segments: Canada, the United States, France, Netherlands, Germany, Ireland, and Australia. In Canada, the Company is a key player in the highly productive Mannville condensate-rich gas play. It holds a 100% working interest in the Wandoo field, offshore Australia.

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Vermilion Energy Inc > U K blackouts predicted for next winter

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Comment by treehillon May 30, 2022 6:26pm

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Post# 34718341

RE:RE:U K blackouts predicted for next winter

I live in Ottawa and we were without power for 5 days last week due to a storm. Half the people on our street went and got generators. Some of those who didn't (the stores ran out) are considering buying one for the next event.

If the grid isn't reliable, people will look to having their own back-ups. Perhaps one should invest in companies that make generators.

Pandora wrote:

Oldnagger wrote: What price will people pay for nat gas rather than face shortages. No electricity eguals absolute misery !! Think about it !!

https://oilprice.com/Energy/Energy-General/Blackouts-Looming-Over-Millions-Of-British-Households.html

Yes, when they turn the power off it even makes it difficult to charge your new EV. But they will take pride knowing they are doing their part to save the planet. Or will they? How bad does it have to get before they begin to realize they have been shafted while someone else is getting rich off their misery.

They have been nattering about power blackouts in the U.S. for some time now. If that starts to happen with some regularity we will see how people react. Will it affect how people vote in places like California or do they have their head in the sand so far they can't tell if the lights are on or not.