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Bullboard - Stock Discussion Forum International Petroleum Ord Shs T.IPCO

Alternate Symbol(s):  IPCFF

International Petroleum Corp. is a Canada-based international oil and gas exploration and production company. It has a portfolio of assets located in Canada, Malaysia and France. Its oil and gas assets in Canada are located in Alberta and Saskatchewan. The Suffield area oil and gas assets and the Ferguson oil asset are high quality conventional assets located in southern Alberta. Its principal... see more

TSX:IPCO - Post Discussion

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Post by Oldnagger on Mar 12, 2021 12:44am

Puppy love

Well I am certainly no longer a puppy , but if I were , then Ipco would be a good bone to bury .
Why you may ask? Heavy crude is going the way of the Dodo . Not true !!
Great Armies of Environmentalists hate it yet there is a fatal flaw in their logic . The world needs energy and there will never be enough of any type to satisfy future demand. All energy will take on higher values as competing nations scramble to secure supplies. More-over if the Environmentalists insist on throwing the Carbon molecules in the trash bin, then even more energy will be required to run The Partial Ox operations needed to provide the hydrogen economy they so desire.For those not familiar, partial ox is the burning of coal or hydrocarbons in an oxygen poor environment. The product is CO and H2

The CO is kept in the ground and only the H2 is distributed. Good for the environment, but over half the energy stays in the ground 
All in all a hydrogen economy will cost many times more than a hydrocarbon economy due to high processing storage and distribution costs.
Now I know I will get a lot of reaction from the Eco crowd but our progeny  will thank us some day !!

Comment by alta0264 on Mar 15, 2021 3:05pm
I have had my had my shares of IPCO buried for so long I am worried about remembering where to find them.