Post by
believer123 on Mar 09, 2020 2:51pm
The end of canadian oil
Canadian energy companies will break down if the oil price stays in the 30s or lower. Its possible big players like suncor and husky could go bankrupt - oil is heading below 20
Comment by
oilandgasmick on Mar 09, 2020 2:55pm
I don't think SU will be swept off the table. If it is then its truly the end of the Canadian energy industry.
Comment by
believer123 on Mar 09, 2020 3:08pm
Keep in mind this crash hasn't even taken into account an actual recession - if that hits oil could literally go to 10 bucks or less It has before