RE:Don’t worry about the green revolutionI think we are currently in a recession (just not called yet) we will see. But as Eric said we need to get to demand destruction...I have said this for a while...oil price will spike and settle I feel 120ish he thinks 140-150. I just hope we don't see the spike until 2023 after the SPR is drained.. This will help strengthen and lengthen the bull run in my opinion. For now 100-120 until the SPR is gone is great for Cdn O&G company plan acceleration (reduced debt and buybacks)
gimmycash2 wrote: Winter is only 5 months away,no ressesion is going to keep the price of oil down,nor are people going to stop driving after 2 years of lockdowns.the only headwind I see is the dems get slaughtered in November ,but by the time production and drilling gets underway,we still got a 2 year runway minimum of crazy profits.long bte,Meg,tal,ath.