Vermilion Energy Inc T.VET

Only In Canada

[Oldnagger]

Where else could the price of petroleum products nearly double while the national currency exchange rate remains the same??
The good news is that even if commodity prices went back to zero, the dollar would probably get their first !! Thanks Justin for your support of our industry !!

[Quintessential1]

Just about everywhere in the world.  There. GLTA

[Cobalt]

No not only CAD , another commodity dollar is AUD , twice down as CAD , USD is ripping higher on interest rates moving up , US interest rates are now high enough for some to be buying so ya they need to buy USD first , glad i could help your narrow view ;P

[Oldnagger]

OK , thx US 10 yr 2.86 vs Canadian 2.64 , that explains current , but Canadian $ has been relatively weak for a long time in spite of the continual increase in petroleum pricing.Canada has definetly lost its petrocurrency status !!

[Cobalt]

Ya you have a point there most majors pulled out due to the Left and greens.

[Oldnagger]

I regularly do what I call my SWOT analyses of my investments Strengths,Weaknesses, Opportunities., Threats Particularly important at these turbulent times. Curiously, while some threats are diminishing , such as refinancing costs, others are growing , such as the possibility of a higher Canadian dollar. Our dollar has traditionally been a moderating force ; it would climb as commodity prices go

[Cobalt]

Nat Gas most overbought in 2 decades and in a shoulder season too , taking some off the table in my very overbought NG names , reload on a pull back , not touching this one MACD is just now calling a buy cheers

[Quintessential1]

It is my understanding that the low dollar is beneficial for exports.  Too high and yeah it seems nice to importers and travellers but we are an exporting nation and it alos aids some what with tourism.  We are trading in what the experts deem  a, "sweetspot" range high .70s and low .80s.  It looks like the dollar has made gains against the Euro which you would expect