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Bullboard - Stock Discussion Forum Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s):  TRMLF

Energy Oil & Gas E&P
Tourmaline Oil Corp. is a natural gas producer, which is focused on producing natural gas in North America. The Company is focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. It operates in three basins, which include the Alberta Deep Basin, NEBC Montney Gas/Condensate and Peace River Triassic... see more

TSX:TOU - Post Discussion

Tourmaline Oil Corp (Alberta) > Gas over oil?
View:
Post by fishcarrier on Oct 10, 2024 5:38pm

Gas over oil?

This is an interesting quote from an article in OilPrice.com. I have noticed similar nuances lately.

Looking forward, Gazprom expects global gas demand to reach 5.7 trillion cubic meters by 2050, driven by population growth and digitalization. Most of this growth will come from countries like China, India, and Russia, with demand in the Global South also rising.

For the U.S., Miller pointed out a slowdown in gas production due to depleting shale deposits and rising domestic demand. Interestingly, the U.S. is increasing gas imports from Canada, indicating that even the world's largest producer of gas is facing supply challenges.

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Tourmaline Oil Corp (Alberta)