RE:RE:RE:RE:RE:SpurwingMoemoney42 wrote: Now lets compare a US producer in the same time frames.. Exon
Although the share price was slowly moving up through Trump's tenure, that drill baby drill strategy pissed off the Saudi's so much that they went to a commodity war in early 2020 to counter the loss of market and crush the shale producers.. many in the US went bankrupt when this happened and it nearly crushed the CDN players during that time frame.. WE DON'T NEED A REPEAT OF THAT BS..!! 
Excuse me, Moe, but you're rewriting/inventing history.....
The dip in 2014-15 was a result of US production going from 8 mbpd to 12 mbpd because of fracking....hundreds of US oil comapnies eventually went bankrupt. Multinationals sold their oil sands assets and left the country. Canadian producers picked up those assets for a fraction of what it had cost to build them. A big win!
The dip is 2020 was not caused by the Saudis....it was this little thing called COVID!!!
Remember THAT??? No cars on the roads, no planes in the air...everybody staying home, restaurants all closed....demand for oil just EVAPORATED OVERNIGHT.
Are you saying the Saudis caused COVID? (???)