RE:NuttallHe's been sayaing that all year. You are down what? 30%?
OIl will go up but holding thru the downs is just funneling money into traders pockets, like the banks and NUTTALL
Roscoe747 wrote: "The fear of peak demand is leading to the reality of peak supply".
The short term issues of inflation, interest rates and recession can only mask the reality of finite supply in an environment of underinvestment for the same short term.
Reality is that ALL energy supplies will be too little in a future where westerners will not reduce comforts and growing emerging economies demand better lifestyles.
Global energy demand is reverting to coal as renewables disappoint and oil becomes more politically fraught. There is no exit from the peak oil supply threat thanks to Greta, Joe, Justin and their coterie of climate loons.
What this means for GXE is ever more valuable reserves. Especially when TMX starts filling the new pipe this fall at world pricing.