Vermilion Energy Inc T.VET

I do not understand....

[prested]

...why we are not seeing upward movement instead of down here. Perhaps one of the more intelligent posters, like oldsnagger could give me a lesson.

[churchofnutsacc]

Price caps / windfall taxes in Europe seem likely 

[Pandora]

Has anyone seen this as being official?: "UK Conservatives just had a leadership race. They chose Liz Truss to be their new leader and Prime Minister. One of her first acts as Prime Minister was to overturn the UK’s ban on fracking."

[Oldnagger]

Interesting move signalling a reversal by the Brits , Should probably take several years to implement https://www.bbc.com/news/uk-politics-62820639#:~:text=The%20government%20has%20lifted%20the,local%20concerns%20over%20earth%20tremors.

[Pandora]

And all the greenie dreamers are already up in arms over it. Scotland I guess will rush their move to separate from the U.K. I thought they had more common sense -- after all one of my gradfather's was born there. And the other was from Northern Ireland. Common sense and logic!

[Oldnagger]

A very bad geneology IMO. I can personally vouch for that LOL !!

[teebore]

I believe some of it is the fear around price caps and the major euro energy companies that are under water that may default. At least thats what the mainstream media is hyping recently.

[Citizen13]

Wouldn't the price caps be on the energy suppliers downstream ?  Like our Enbridge ?  Its a very ugly slippery slope if they cap the price from the explorers and producers.  That is crossing a line into the fundamentals of capitalism aka suplly/demand.  Not sure how they can dictate what the market price is. 

[Oldnagger]

Sorry guys, I am stuck in the miiddle of nowhere, as my car broke down lousy internet service and almost no cell phone service. 

[Pandora]

And what part of what Province would that be? Best of luck. Do you have CAA  -- in the middle of nowhere?

[Oldnagger]

I got stuck  in northern Ontario with a blown engine, any way back in civilization now. Engine will be replaced (eventually ) on warranty as well as a rather expensive towing bill. I really have no idea why market is down There is a lot of work to be done , no new cars available and repair shops  booked for weeks ahead meanwhile still a lot of retiree tourists. So I do not believe for

[Oldnagger]

BTW , I did not see a single EV up there yet some service stations have literally rows of charging stations (land is cheap )