Post by
ztransforms173 on Jan 25, 2024 2:48pm
WCS Is MOVING TOWARDS USD 60 Per Barrel
- this is the POINT WHERE MEG MAKES SERIOUS MONEY
- 2024 will be a DIFFERENT YEAR for MEG Energy in that there will be NO ONE LARGE 30 to 32 day TURNAROUND in May/June
- instead there will be a SERIES of SMALLER TURNAROUNDS PERFORMED during the year
- this will PREVENT BOP from TRENDING TOO LOW for an EXTENDED PERIOD OF TIME
- MEG IS WORKING BETTER and SMARTER to TAKE ADVANTAGE of HIGH PRICES should they OCCUR during the TURAROUNDS
* also, they DON'T RUN in the SHORTAGE of QUALIFIED SERVICE CONTRACT WORKERS DURING the TURNAROUNDS like they DID LAST YEAR during their MASSIVE SINGLE SPRING TURNAROUND and were FORCED to REVISIT in August 2023
z173