Bullboard - Stock Discussion Forum Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

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... see more

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Athabasca Oil Corp > FED's say a recession is coming!

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Post by smallcaptdr on Jul 04, 2022 8:32pm

FED's say a recession is coming!

You have the biggest, strongest country in the World saying that they are going to do whatever it takes to slow growth to a recession!
How can you ignore this? or think that energy stocks will thrive. The strongest leaders in the World are telling you that bad times are coming!

https://www.cnbc.com/2022/06/22/powell-tells-congress-the-fed-is-strongly-committed-to-bringing-inflation-down.html

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Comment by fellowship on Jul 04, 2022 8:39pm

You have nothing without oil. This is not about oil anymore and you know this.

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Comment by cahclick on Jul 04, 2022 10:27pm

Oil is why we have the standard of living we do. It provides all modes of transportation, power for manufacturing, agriculture & construction, heating and cooling our homes, cooking on appliances. Man has spent more than a century perfecting the consumption of refined oil and squeezing every bit of energy/heat from every ounce. We have it all with oil and it won't go ...more

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