Bullboard - Stock Discussion Forum Veren Inc T.VRN

Alternate Symbol(s): VRN

Energy Oil & Gas E&P

Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta... see more

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Veren Inc > No Money

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Post by Rocket101 on Aug 04, 2022 9:55am

No Money

No bashing ! But you very good at finger pointing! Look in the mirror ! Oil ain't at $130.00 not $150.00 and $200.00 best you ask for good hand of trendy gazzo ! The fact is whether it's 40 or 70 it doesn't matter what matters is where is it heading ! The talking heads all keep saying how we need more oil ! We need more energy to meet demand??? Are we missing something! Oil keeps disending by the day. Yes blame it on the sudden inflation, the war, Covid, rate hikes. Whether you agree or not the shift in consumer purchases will not over look energy exempt transportation. This shift along with automakers and government incentives will be like me putting your little head between my legs and showing you what a pile driver feels like hahahahaha hahahahaha hahahahaha. As they say don't fight the fed and don't fight the trends. We will see what the future holds. Whether EV / hybrids fade or combustion craters. If governments offer extreme incentives and automakers give 8-10 yr warranties as a consumer purchasing a product with virtually no maintenance this might intrigue even the doubtful.

jmho

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Comment by Diligent2 on Aug 04, 2022 10:13am

I own a hybrid plugin and a suv gas. My car is getting a new 12v battery after2 years because it is the the plugin and apparently these evs have problems, lots of them. Would I buy another, NO.

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