Bullboard - Stock Discussion Forum Whitecap Resources Inc T.WCP

Alternate Symbol(s): SPGYF

Energy Oil & Gas E&P

Whitecap Resources Inc. is an oil-weighted growth company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its core areas include the West Division and East Division. Its West Division is comprised of three regions: Smoky, Kaybob and Peace River Arch (PRA). The properties in its Smoky region include Kakwa... see more

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Whitecap Resources Inc > Demand Destruction already started:

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Post by spurwing2 on Jun 08, 2022 4:04pm

Demand Destruction already started:

https://finance.yahoo.com/news/gas-prices-demand-destruction-already-started-says-strategist-195433877.html

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Comment by NonCredibleSrc on Jun 08, 2022 4:27pm

That's a no-brainer! Wife and I have already decided we'll be enjoying a bit more dockside time with (hopefully) some upgraded eats and a couple of drinks instead of filling the boat as often this summer.

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Comment by Davesnothere on Jun 08, 2022 5:11pm

The other no-brainer that crossed my mind today: A quote saying we need to speed - up the transition from fossil fuels to renewable sources of energy. Last time I checked, when you want to speed up, you put your foot on the gas pedal. Meaning, you intend to burn even more gas! Too funny. No wonder oil prices are rising, we want everything to happen fast. But every move we make requires ...more

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Comment by barneyj44 on Jun 08, 2022 5:20pm

I'm on The Rock in Newfoundland vacationing, no sign of demand destruction here. Roads busy , put on 3500 kilometers on rental car and counting. Thankyou Whitecap and Crescent Point Energy.

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