Whitecap Resources Inc T.WCP

$125 OIL

[Olliethegoalie]

Does anyone not see oil hitting $120 a barrel sometime again this year. 7 million, yes 7000000 barrel draw in inventories.  In 1 week. Plus temporary spr releases will run out, plus China shutdown will end. We seem far from peak demand but how much more supply is coming. Distillite draw will,only just beginning in my opinion,  heating fuels and harvest fuel still to come. A lot of reasons to support a higher oil price in my opinion. Who agrees?

[mckayk3]

China is entering a financial meltdown, potentially causing a global recession. 

[iwpete]

Here's another way to look at the China story.  Sure there's financial downturn, but just like the US and Canada, China will stimulate and print money (or it's revolution).  So oil at $125 or $250 or what ever,.... you're being paid in printed money, paper.  My whole objective in investing in oil and gas is to counter the inflation that is being created.  My

[Citizen13]

Meh. Even if it is happening we'd never find out unless there was a coup. They are immoral unethical liars . Believe nothing what they say and half of what you actually see.  It's a smoke and mirrors " economy" just like Saudi . There are entire cities sitting empty and that didnt cause panic in world markets .  It's gonna be OK. 

[pinecone11]

Citizen13 says "Meh. Even if it is happening we'd never find out unless there was a coup. They are immoral unethical liars . Believe nothing what they say and half of what you actually see.  It's a smoke and mirrors " economy" just like Saudi . There are entire cities sitting empty and that didnt cause panic in world markets .  It's gonna be OK.  You mean