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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 > MASSIVE oil draw from the EIA report!
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Post by EnergyWatcher55 on Feb 09, 2022 10:42am

MASSIVE oil draw from the EIA report!

WTI oil back over $90
Comment by ronster65 on Feb 09, 2022 11:18am
The writing is on the wall. March 01, 2022 North America will basically be back to normal. I can see a massive uptick on Worldwide air and car travel as people vacation like never before. The draw wont be able to keep up to demand!
Comment by mnztr on Feb 09, 2022 12:12pm
Look also for a massive reallocation of spending from consumer goods to travel. There is gonna be some really funky things happening with these huge distortions. Global travel market is about 3.5T at peak so expect at least a 1.5T reallocation over the next year. The loser will be china, AAPL, TSMC etc
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