Bullboard - Stock Discussion Forum MEG Energy Corp T.MEG

Alternate Symbol(s): MEGEF

Energy Oil & Gas E&P

MEG Energy Corp. is a Canada-based energy company focused on in-situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. The Company is engaged in the development of enhanced oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the economic recovery of oil. It transports and sells thermal oil (AWB) to customers throughout... see more

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MEG Energy Corp > Stupid crude build up in US….

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Post by Paray99 on Feb 15, 2023 4:56pm

Stupid crude build up in US….

Today US was successful to bring a bearish outlook to the oil market with their stupidly erroneous crude build up data. When Biden is announcing 26M release from the SPR, what does it mean to have a 16.6M build up last week?

They are playing all the tricks. I think they add an imaginary 15M from the SPR to the actual data, without even being releasing it.

One day, Biden's men will show the entire SPR as their crude build up... wait and see guys....

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Comment by grosso on Feb 18, 2023 1:02pm

Your right, there doing everything in there power to try to keep oil prices down. There so corrupt and they got the media on there side to do this. I like how the U.S (democrats ) goverment say Chinese are corrupt but they should take a look at them selfs there the worst! The only people that suffer is us shareholders that invest in oil and gas companies. I hope something will be done by OPEC that ...more

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