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Bullboard - Stock Discussion Forum Headwater Exploration Inc T.HWX

Alternate Symbol(s):  CDDRF

Energy Oil & Gas E&P
Headwater Exploration Inc. is a Canadian resource company engaged in the exploration for and development and production of petroleum and natural gas in Canada. The Company has heavy oil production and reserves in the Clearwater/Falher formations in the Marten Hills, Greater Nipisi and Greater Peavine areas of Alberta and natural gas production and reserves in the McCully field near Sussex, New... see more

TSX:HWX - Post Discussion

Headwater Exploration Inc > Release of Oil Reserves
View:
Post by retiredcf on Apr 01, 2022 7:05am

Release of Oil Reserves

The release of U.S. oil reserves will not have a material impact: Purpose Investments CIO 

Greg Taylor, chief investment officer at Purpose Investments, joins BNN Bloomberg to discuss his outlook for oil amid reports of additional supply to be brought online by the U.S.

https://www.bnnbloomberg.ca/video/the-release-of-u-s-oil-reserves-will-not-have-a-material-impact-purpose-investments-cio~2413314

Comment by smocher on Apr 01, 2022 10:39am
<it's all about politics. impact near zero. biden's action will have the effect of prolonging high prices come next winter. he and trudeau want producers to increase production but both have policies have encumber permitting and transportation. all="" about="" politics.="" impact="" near="" zero.="" biden's="" ...more  
Comment by smocher on Apr 01, 2022 2:27pm
The biggest benefactor of the SPR release is China. Russia has limited buyers so restocking reserves in China will be cheaper. Not well thought out by the US. Canada at the same time sells to the US at a discount. You gotta wonder. Smocher
Headwater Exploration Inc
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