Bullboard - Stock Discussion Forum Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s): CRLFF

Energy Oil & Gas E&P

Cardinal Energy Ltd. is a Canadian oil and natural gas company with operations focused on low decline oil in Western Canada. The Company is engaged in the acquisition, development, optimization and production of crude oil and natural gas in the provinces of Alberta, British Columbia and Saskatchewan. Its operating areas include the Midale, South District, Central District, and North District... see more

Add To Watchlist

TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > US to seek 6 million barrels of oil for reserve

View:

Post by Quintessential1 on Sep 17, 2024 6:17pm

US to seek 6 million barrels of oil for reserve

"WASHINGTON (Reuters) - The Biden administration will seek up to 6 million barrels of oil for the Strategic Petroleum Reserve, a source familiar with issue said on Tuesday, a purchase that if completed will match its largest yet in the replenishment of the stash after a historic sale in 2022."

https://finance.yahoo.com/news/exclusive-us-seek-6-million-190456249.html

Someone should tell them they are out of money. ;-)

GLTA

125

Comment

Comment by VeritasVern on Sep 17, 2024 6:46pm

Do you have a retention issue?? According to the Reuter news article they have $841 million left to add barrels into the SPR and not zero... But if you disagree why not reach out to Ari Natter of Reuters to voice your concern and correct him with the amount of funds available? ;-) GLTA

Comment