Post by
MLEWICKIMBA on Apr 08, 2024 4:46pm
The HEAVY OIL CRUNCH COMETH
1. Saudi Arabia reporting heavy oil tightness
2. Mexico restricting oil exports
3. Canadian heavy oil effected by maintenance and TMX startup. Less inventory or little inventory across AB and SASK in the next 4 to 8 weeks.
4. US refineries scrambling for heavy oil in a months time.
Yet these stocks sit there.
All Canadian Oil producers are undervalued.
TVE going to 5 bucks once the shorts and goofs get outta the way.
ML
Comment by
bows333 on Apr 10, 2024 10:49am
Why is heavy oil important? It's the source of diesel for trucks and trains. Heavy oil is crucial to transport goods. You really can't make diesel from light oil (well, you can, but it is extremely expensive).
Comment by
MLEWICKIMBA on Apr 10, 2024 11:06am
Awesome We will get a lot of revenue from TVE this year and top line growth with good cost control and utilization will send TVE up and up. Your comments are awesome.