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Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

Yangarra Resources Ltd. is a Canadian junior oil and gas company engaged in the exploration, development and production of clean natural gas and conventional oil. The Company has its main focus in the Western Canadian Sedimentary Basin. The Company has developed its land base to target the halo Cardium at Ferrier, Chedderville, Cow Lake, Chambers, O’Chiese, and Willesden Green with a focus on exploiting the prolific bioturbated zone as part of the entire Cardium package.


TSX:YGR - Post by User

Post by kavern23on Oct 13, 2023 12:46pm
136 Views
Post# 35682480

Simple Economics...

Simple Economics...Could see this fall of 2022 the trend and trajectory that was shaping up after energy spike:

"New electric vehicles sold in the United States have become less expensive in the last 12 months, according to Kelley Blue Book’s latest report, with the average transaction price (ATP) of a new EV going down more than 22 percent in September compared with the same month last year."

What happens if EV's fall another 10% in price for 2024?

If middle east war spikes fuel prices, consumers are going to keep walking away from gasoline. The more that do, more ev prices come down with economies of scale.

It would be a wild science experiment to pump oil to 100.
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