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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 > TTF vs AECO
View:
Post by Oldnagger on Aug 19, 2022 5:04am

TTF vs AECO

September TTF price as I write this is equivalent to 88.40 Cdn $ per GJ.
The spot Aeco,price yesterday was 1.98 Cdn $ per GJ
Who is responsible for this huge discrepancy ? Certainly not free markets !! There can only be one reason for corrupted pricing mechanisms - Corrupted Politicians. 
What is not surprising is that politicians are corrupted , what is surprising is that people are still willing to abide these utterly disgusting levels of corruption. This is hurting people everywhere. In Canada it is a loss of investor and royalty returns. In the rest of the World, it is economic catastrophy .
Until the present gang of trash who is currently leading  the World are shown the door, things will only get worse, next sector they are targetting is agriculture. People will starve. Have they no shame at all !!!
Comment by Pandora on Aug 19, 2022 11:06am
They have no shame at all - in fact, the furthest thing from it. Integrity used to be a characteristic that many lived by. These days it's virtually invisible.
Comment by Quintessential1 on Aug 19, 2022 2:22pm
You are worried about people starving but not about freezing? Canadians will be able to heat their homes and cook and produce power at decent price levels. How much inflation did you want to see thrust onto the population in 1 year? VET will still still be making good profits at these gas prices. As will we. GLTA 
Comment by Divypro on Aug 21, 2022 3:06pm
Politicians have very little to do with short term natural gas prices but do alter longer term prices by not approving pipelines r drilling. The free market is demonstrated here at its best. In Canada we have too much natural gas production for the available pipeline capacity so natural gas prices are being beaten down until some production gets shut in. In Europe they have a shortage of supply so ...more  
Comment by Pandora on Aug 21, 2022 6:18pm
"so you can blame the politicians for leaning towards the left in the past..." So are you suggesting our politicians are no longer leaning towards the left and against fossil fuels? I must have missed that transition!
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