Athabasca Oil Corp ATHOF

Primary Symbol: T.ATH

Energy Oil & Gas E&P

Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta. It also consists of two operating oil sands steam assisted gravity drainage projects and a resource base of exploration areas in the Athabasca region of northeastern Alberta. The Light Oil segment includes its assets, liabilities and operating results for the exploration, development and production of light crude oil and medium crude oil, tight oil and conventional natural gas. Its Light Oil segment consists exclusively of the Duvernay in the Greater Kaybob area with about 155,000 gross acres across Kaybob West, Kaybob North, Kaybob East and Two Creeks.

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Athabasca Oil Corp > Trump and the Price of Oil

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Comment by AlwaysLong683on Nov 26, 2024 6:21pm

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Post# 36332335

RE:RE:Trump and the Price of Oil

woodsmen wrote: "at or below $80 a barrel with the possibility of it languishing in the 60's for extended stretches of time"

Uhh so exactly what it is and has been under Biden for 2.5 years, got it Thanks!!!

WTI:

Low $50s when Biden was sworn in Jan 20, 2021 (COVID still an issue).

Between $70 and $80 for most of June to December 2021.

Between $80 and $90 In January to Mid-February 2022.

Putin invades Ukraine on February 22, 2022.

Over $100 to early July 2022.

Down to $80 by mid-Sept 2022.

$80 or more for most of mid Sept 2022 to mid July 2024.

Oil companies have seen prices at $80 or more for most of Biden's term.

Got it?

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