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Bullboard - Stock Discussion Forum Cenovus Energy Inc CVE


Primary Symbol: T.CVE Alternate Symbol(s):  CVE.WS | T.CVE.WT | T.CVE.PR.A | CNVEF | T.CVE.PR.B | T.CVE.PR.C | T.CVE.PR.E | T.CVE.PR.G

Cenovus Energy Inc. is a Canada-based integrated energy company. The Company has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The Company's segments include Upstream, Downstream, and Corporate and Eliminations. Its Upstream segment includes Oil Sands, Conventional, and Offshore.... see more

TSX:CVE - Post Discussion

Cenovus Energy Inc > TRUMP wants to Fill the SPR Immediately
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Post by woodsmen on Aug 07, 2024 3:29pm

TRUMP wants to Fill the SPR Immediately

Trump says US needs to fill up the strategic oil reserves -Fox News interview

 

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 Republican presidential candidate Donald Trump says he will fill up the U.S. Strategic Petroleum Reserve if elected to another White House term in November.

 

“I was filling that up at levels that they’ve never seen before. We have to fill up the strategic reserves immediately,” he said in an interview with Fox News.

Comment by Quintessential1 on Aug 07, 2024 5:23pm
Yeah he says a lot of things like: “I was filling that up at levels that they’ve never seen before. " But the actual SPR inventory levels show that from the time trump took office in Jan 2017 until the time he left office in 2021 the actual SPR inventory levels went down. 56 994 000 barrels. Obviously refilling the SPR would be very good for WTI pricing but there is a price point when it ...more  
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