Post by
Wynjoe on Feb 13, 2022 10:25am
War or no war..wont matter.
Whether Russia invades or not ,oil prices will trend higher. We witnessed wti. being traded at negative $37.00.If that can happen (and it did),$200.00 oil and higher, is very possible. Extremes is where money is made and the markets are all about making money. World sentiment has put fossil fuels on the backburner, we all want green. This sentiment is great but unrealistic, even the strongest advocates Jet around the world pounding their message home while hypocritically burning more fossil fuels then those who don't agree, lol. New oil ventures and even existing companies have lost the confidence of financiers ,this in time will create a huge deficit in supply versus demand,(no stopping that).Find an oil company,that already has proven reserves, established and deep roots. Suncor fits this bill.Long term buy and hold.
Comment by
goliath06 on Feb 13, 2022 1:46pm
Wynjoe is back with SUNCOR What with AIR CANADA Which way does the wind BLOW THATS WHERE YOU WILL FIND WYNJOE PLS TRY AND NOT CURSE US GO BACK TO ////////////////////////// AC ////////////////////// GLTA REMEMBER RUSSIANS ARE IN TO OIL ///////// BIG TIME //////////////// SEE YOU AT $50