Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Vermilion Energy Inc T.VET

Alternate Symbol(s):  VET

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The... see more

TSX:VET - Post Discussion

Vermilion Energy Inc > USA and India Release their Oil Reserves
View:
Post by ronster65 on Nov 23, 2021 7:31am

USA and India Release their Oil Reserves

If you are OPEC and you see these two countries release oil from their reserve, you know these countries are in real trouble and OPEC will now have a surplus of oil. US was only predicted to release 30 m barrels and instead they release 50 m. which translates to $2.00 USD per barrel.
Comment by divime1 on Nov 23, 2021 8:52am
WTI is up $ 1.40 on the news . Poor Biden couldn't organize a two car parade . Obama was right that Joe pucked up ever assignment he was given as VP . Now the UK to release 1.5 million barrels which is nothing . SCOTLAND and the rest of the UK are set to be hit by an 'Arctic plunge' that will bring snow as early as TODAY. Temperatures are expected to plummet to as low as -7C in ...more  
Comment by cleareye on Nov 23, 2021 9:16am
This is absolute madness on Biden's part. Giving away the reserves today means far fewer options in the future. Biden may noy understand it but the US currency is based on oil. If he ends up separating the price of oil from US dollars, by a further move to begin punishing OPEC as described at oilprice.com yesterday, then Russia and China can step in and formally take oil off of the US dollar ...more  
Comment by cleareye on Nov 23, 2021 9:22am
Based on this I no longer thing that VET will drop down to C$11.00. Thank goodness for my "core position". Good luck. cleareye.
Comment by ronster65 on Nov 23, 2021 9:58am
AND if you actually think that the USA will EVER shut down line 5 lives on another planet! Ol Joe starting to realize that Canadian Oil is actually saving his A$$$!
Comment by geemonet on Nov 23, 2021 10:13am
You give him waaaaay too much credit, he just reads what on the paper. And the people who write what's on the paper care more about destroying fossil fuels than ANYTHING. They're in the big cities. They don't care if a few bumpkins freeze to death. That's how woke they are. 
Comment by ronster65 on Nov 23, 2021 10:38am
Gotta love it when the new prase of the month is totally used outta context. Woke is all about Racism or Social Injustice and has nothing to do with oil supply and demand. Joe may read what is put in front of him but he is no puppet. He is driving his agenda and not the Left or Right cant tell him what to do. 2 Major Historical infrastructure wins is pretty remarkable and its not like he got bus ...more  
Comment by geemonet on Nov 23, 2021 11:16am
Pretty sure the woke movement also refers to environmental movements too there bud.  And that guy is like 300 years old... he ain't making an decisions. He's a puppet. 
Comment by Pandora on Nov 23, 2021 7:04pm
Other observers and commentators have noted how often Reagan confused films he'd made with political reality, including telling witnesses about concentration camps he'd helped to liberate in World War II, when the humbler truth was rather that he had made a movie or two about the topic. Then there's the incident at a photoshoot at the president's beloved ranch in Santa Barbara ...more  
Comment by Pandora on Nov 23, 2021 7:33pm
Oops I got a big duplication in there. The copy and paste got over exhuberant and I missed it. My apologies.
Comment by geemonet on Nov 23, 2021 9:26pm
Don't worry bout it, happens when you get old ;-)
Comment by Pandora on Nov 23, 2021 9:30pm
Yeah, good thing I'm not President :-))
Comment by Oldnagger on Nov 23, 2021 10:21pm
Biden is doing well for his age, right now he is learning how to dance the Lambada !!
Comment by Crudeoil69 on Nov 23, 2021 12:22pm
Before the election nobody could find anything Biden ever did after being in the gov for 40 years except being put on universities speaking posts with 1/2 million salary for speaking nonsense once or twice or enabling hunter or his brothers to get rich for putting their name on holding companies and someone else actually fulfilling the contracts.Even as vp for Obama his advice was either wrong or ...more  
Comment by Crudeoil69 on Nov 23, 2021 12:34pm
Above shound have said endorse him
Comment by Crudeoil69 on Nov 23, 2021 12:52pm
Having a incomp in the WH will be good for vet at least until he and the real people who are pulling his strings are kicked to the curb.Securing their borders,self reliance and partnership with Canada of their energy supply while transforming to a realistic balance of green and fossil fuel in the country isn't too hard to figure out it's the only way to go unless your a idiot who doesn' ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities