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Bullboard - Stock Discussion Forum Cenovus Energy Inc T.CVE

Alternate Symbol(s):  CVE | 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 > Energy Consumption By Country
View:
Post by RagingBull3 on Jan 07, 2022 9:47am

Energy Consumption By Country

China already dwarfs the USA.     India will soon do the same and probably surpass China in the far future.   

Demand for Oil not going away....   USA already exporting oil and LNG to Asia.... 

Canada content on exporting to the USA at Huge Discounts.

World Energy Consumption Statistics | Enerdata


All just my opinion/view/thinking/guessing
Comment by TopStockBuy on Jan 07, 2022 12:27pm
Wrong.  Energy is not just oil. The USA completely dwarfs every country on earth in terms of oil consumption and demand from the US is still rising.  Nobody even comes close to the US, China is a distant second and India is a third of China's consumption, but the fact that you pointed out China and India's demand will increase just validates demand for oil is going to increase ...more  
Comment by RagingBull3 on Jan 07, 2022 12:37pm
WRONG.... Oil is just a subset of the TOTAL Energy Picture.    I did not say China Dwarfs the USA in Oil Consumption.    If you want to talk about OIL, then China is the Largest Importer, followed by India, South Korea, and then in 4th place USA. But for Total Energy Consumption.... China DWARFS USA. According to this website.   Trade Balance Statistics | World ...more  
Comment by TopStockBuy on Jan 07, 2022 12:46pm
It's blatently obvious that is what you were implying.  You're not fooling anybody.  
Comment by RagingBull3 on Jan 07, 2022 12:50pm
Ya, future of OIL SALES is ASIA.     Canada seems only interested in Selling for HUGE discount to the USA....  Only for the USA then to export for Big Money to Asia.   Canadians are morons.   They even justify/make excuses for NEGATIVE oil prices!!!! All just my opinion/view/thinking.
Comment by NEWBIE65 on Jan 07, 2022 12:51pm
Agreed. Canadians are morons 
Comment by mrbb on Jan 07, 2022 3:36pm
not all canadians. It is the easterners that keep voting in the liberal party who is anti oil, anti pipeline (basically anti west).  Several pipeline and LNG projects were canceled by the liberal party.  Trudeau is super happy importing oil from saudia.  Gotta keep the power and control to quebec and ontario.  Trudeau only reveal his true color in quebec channel ...more  
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