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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 > U K blackouts predicted for next winter
View:
Post by Oldnagger on May 30, 2022 5:06pm

U K blackouts predicted for next winter

What price will people pay for nat gas rather than face shortages. No electricity eguals absolute misery !! Think about it !!

https://oilprice.com/Energy/Energy-General/Blackouts-Looming-Over-Millions-Of-British-Households.html
Comment by Pandora on May 30, 2022 5:23pm
Yes, when they turn the power off it even makes it difficult to charge your new EV. But they will take pride knowing they are doing their part to save the planet. Or will they? How bad does it have to get before they begin to realize they have been shafted while someone else is getting rich off their misery. They have been nattering about power blackouts in the U.S. for some time now. If that ...more  
Comment by treehill on May 30, 2022 6:26pm
I live in Ottawa and we were without power for 5 days last week due to a storm. Half the people on our street went and got generators. Some of those who didn't (the stores ran out) are considering buying one for the next event. If the grid isn't reliable, people will look to having their own back-ups. Perhaps one should invest in companies that make generators.
Comment by alkhor on May 30, 2022 6:42pm
Or the companies that provide the fuel for those generators. Oh wait, thats the O&G companies they're trying to phase out by EV's.
Comment by Pandora on May 30, 2022 6:57pm
Portable generators run on gasoline. Many cities, municipalities, towns are putting bans on all gas driven applications such as lawn mowers, trimmers, blowers, etc. People with little patience can't stand anything that makes noise -- you know -- the squeaky wheel. I assume those bans will relate to gas fired generators as well. Part of the complaint is noise but they jump on the fossil fuel ...more  
Comment by Oldnagger on May 30, 2022 7:28pm
I live in Ottawa as well, there were numerous complaints about generators all throughout the crisis. Fortunately , local noise control by-laws do not apply during emergencies, so it is refreshing to know that a bit of common sense still applies. I thought it would be a good idea for people to have natural gas driven generators, then people would be able to leave them on all the time  and ...more  
Comment by Moemoney42 on May 30, 2022 11:32pm
Well when its -30 celcius and the power goes out those neighbors who are b!tching about the noise might want to thank their neighbors for keeping them warm overnight - either that or give them some ear plugs and tell them to go home and burn the furniture to stay warm.. LOL.. 
Comment by Oldnagger on May 31, 2022 10:11am
At minus 30 degrees celsius, the neighbours screams will probably drown out the generator's noise !! Well, for a while anyway !!
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