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Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

Gear Energy Ltd. is an oil-focused exploration and production company. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its operations are located in three core areas: Lloydminster Heavy Oil, Central Alberta Light/Medium Oil and Southeast Saskatchewan. The Company is also engaged in focused on improving oil recoveries through the application of water flood technology. The key properties in the Central Alberta Light asset include Wilson Creek, Ferrier, Killam, Drayton Valley, and Chigwell.


TSX:GXE - Post by User

Comment by wkrpradioon Aug 16, 2023 2:51pm
75 Views
Post# 35591509

RE:RE:Deception

RE:RE:Deception
Roscoe747 wrote: 2/
are down while gasoline, jet and diesel demand has surpassed 2019 levels. The focus on industrial demand is disingenuous at best.

A financial oil market 30x larger than the physical market may be able to stir the pot long enough to keep a lid on prices but what happens when the dichotomy of physical oil supply and deceptive data force traders off the fence?

The markets are Always Forward Looking. So the slow down in China as well as  many other countries is what is giving investors pause. 
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