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Bullboard - Stock Discussion Forum Birchcliff Energy Ltd T.BIR

Alternate Symbol(s):  BIREF

Birchcliff Energy Ltd. is a Canada-based intermediate oil and natural gas company. The Company is engaged in the exploration for and the development, production and acquisition of oil and gas reserves in Western Canada. The Company’s operations are focused on the Montney/Doig Resource Play in Alberta. Its operations are concentrated in the Peace River Arch area of Alberta. The Company has a 100... see more

TSX:BIR - Post Discussion

Birchcliff Energy Ltd > Strong US Dollar Policy Is Now In Place
View:
Post by Barkis on Oct 16, 2022 6:42pm

Strong US Dollar Policy Is Now In Place

This will affect US producers - Canadian Oil/Gas producers whose costs

are largely in $CDN should have a net benefit.
 

More on US Dollar - Catherine Austin Fitts

Former U.S. Assistant Housing Secretary & Investment Banker

She was one of the few who tried to the expose large scale 

mortgage fraud prior to the 2008 housing crash. It is all about 

Preserving/Restting US Dollar Reserve Status and Empire 

https://www.zerohedge.com/geopolitical/its-global-govt-re-engineering-austin-fitts-warns-fed-actions-are-100-power-politics



Always good to close out the day with something non-transitory.

Secrets to Perfection -
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Comment by marketsense on Oct 16, 2022 7:49pm
Another excellent point.  The FX differrential makes Canadian producers a boatload of money.  This is totally overlooked most of the time  when analysts comment on  the oil & sector. All the look at is what the commodity price is doing and so do a lot of investors.  The  US$ just hit 40 yr highs against all other currencies,  a fact that gets buried when the ...more  
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