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Bullboard - Stock Discussion Forum Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  ZPTAF | T.SGY.DB.B

Surge Energy Inc. is a Canada-based oil focused exploration and production (E&P) company. The Company's business consists of the exploration, development and production of oil and gas from properties in Western Canada. It holds focused and operated light and medium gravity crude oil properties in Alberta, Saskatchewan and Manitoba, characterized by large oil in place crude oil reservoirs with... see more

TSX:SGY - Post Discussion

Surge Energy Inc (Alberta) > BNN BLOOMBERG POLL
View:
Post by ariesleaf on Jun 09, 2022 10:55am

BNN BLOOMBERG POLL

Do you support a windfall tax on oil company profits as a way to help citizens offset the rising cost of living?

YES
Comment by llerrad5 on Jun 09, 2022 12:52pm
Of course, "YES" if you want to see a further lack of investment in the oil and gas sector. That will drive oil and gas prices higher and perpetuate inflation. This energy spike is caused primarily by low commodity prices and lack of investment.
Comment by WanTBe1 on Jun 09, 2022 1:30pm
Plain Greed is the cause. Just like buying a House & High Rents more Greed. Interest Rates need to go alot higher.
Comment by llerrad5 on Jun 09, 2022 4:05pm
What was it called when Oil went to negative prices? Greed?? If you don't agree then you are particiating in the greed and shouldn't buy the stock.
Comment by Dixiedee on Jun 11, 2022 11:06am
Higher interest rates will drive house prices down but not your payments unless you can pay cash  your payments will offset any reduction in price in most cases  With higher payments to own a house will mean higher rents as well you are right we need higher interest rates and a recession to get people back to reality  the cause of high prices are government over spending and ...more  
Comment by Kherson on Jun 09, 2022 7:36pm
Just how would this tax help offset the cost of living for citizens?  Ariesleaf, please get off the illegal drugs! Kherson
Comment by Countrin2tive on Jun 10, 2022 11:43pm
The way to off-set high cost of gas, gasoline, heating oil, etc...invest in oil. If not...well...missed opportunity...and stop whining.  Further. no one was complaining when price of fuel of various types was tanking 18 months ago.  A tax on "excess" oil profits?...ludicrouse, stupid, nuts, communistic...these word come to mind...oh...and I'll refer back to the start of ...more