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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

Comment by kavern23on Jan 04, 2024 12:01pm
77 Views
Post# 35810621

RE:RE:RE:RE:Oil Prices

RE:RE:RE:RE:Oil PricesI have and it wont matter for two reasons.  In past years when gasoline inventory rises...USA gasoline is still rockin and lots of gasoline production.

But this was not a 5m build...it was 10m and key number was implied gasoline demand is under 8m a day...

7.8 mpbd implied USA gasoline demand is like giving a shorter a cocaine blast.

These builds in Jan need to be under 5m....or it will take crazy middle east stuff to keep oil even over 65 bucks.

OPEC is having a Feb meeting for a reason...I think they are terrified.
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