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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

TSX:VRN - Post Discussion

Veren Inc > Danielle Smith says Trump willing to buy more oil
View:
Post by Marty47 on Jan 13, 2025 9:25am

Danielle Smith says Trump willing to buy more oil

Just live now on tv Danielle Smith when meeting trump , apparently trump open minded to get more oil , for every 100b of oil ship to usa , it turn to 300b after refined product ....
Comment by packerdriver on Jan 13, 2025 9:53am
Sure, Marty! LOL...."A standard 42-gallon barrel of crude oil can produce around 45 gallons of refined petroleum products. This is due to processing gain, which is when the volume of products produced is greater than the volume of crude oil processed. In 2023, the average processing gain in the U.S. was about 6.3%." https://www.eia.gov/tools/faqs/faq.php?id=327&t=6 "the moon ...more  
Comment by westcoastlogger on Jan 13, 2025 10:10am
This post has been removed in accordance with Community Policy
Comment by Marty47 on Jan 13, 2025 10:25am
Hey packer I'm talking about how the USA use our cheap oil and use it refined and export new transformed products at a higher price and benefits from it .... you brain has so much a leftist part that you don't want to understand .... You remind me Dave in storage war .... USA buy cheap Canadian crude and resell at higher price , who care the volume .  Danielle smith have more nuts ...more  
Comment by Seppelt on Jan 13, 2025 11:45am
The additional Canadian heavy/sour can be blended with Permian ultralight and exported profiting everyone involved in North America and also supporting sanctions against bad actors like Iran and Russia, without causing oil price spikes. I won't be surprised, if Canada elects PCs, the trio of U.S., Canada and Alberta will revive Keystone XL. Also, I recently read about an agreement between ...more  
Comment by packerdriver on Jan 13, 2025 12:44pm
Two for two, Marty!.... Smith has a 45% approval rating....NOT 98. https://edmonton.citynews.ca/2024/12/11/alberta-premier-smiths-consistent-approval-ratings/
Comment by Marty47 on Jan 13, 2025 1:03pm
Alberta Premier Danielle Smith received 91.5 per cent support for her leadership from members of her United Conservative Party who voted in Red Deer, Alta., on Saturday.  sorry wasn't 98% but the approval I was talking about was from her members .... pretty nice number compare to your lover Justine who was kick out of his party , 
Veren Inc