RE:RE:RE:More destabilization in Oil markets.. Bishop takes Knight!Yup... Oil
I cant help but chuckle at the prospect of protecting a small fleet of FPSO's off the coast of Guyana.
Venezeula does not need to hold a lot of real estate, they can just shoot and scoot.
Seems like those FPSO's are sitting ducks.
Seems a bit odd that Maduro gets agressive after ther Biden regime gave the green light to Chevron on restoring Venezuelan oil production ??? WTF???
Maybe it is really this simple.... Maybe Maduro just wants to disrupt investment in and production of the Guyana reserves ??? He does not need to own them, he can just disrupt them.
Any way I look at it, my outlook remains bullish long term for Canadian production.
Alberta should muddle through a recession just fine.
Crazy world, I am getting tired trying to figure it out.
Cheers,
Nukester