Whitecap Resources Inc T.WCP

Toward a Natural Gas Opec

[WINDGOD46]

The latest on the energy front, Russia is teaming up with Kazakstan and Uzbekistan and Katar all  Gas producers to form a Cartel similar to Opec+,  and supply Europe through the Balkans and Turkey as a hub. If that happens Europe will be in trouble and its supply of gas will depend on the new cartel of NG formed under the auspices of Russia. In the meantime, Russian gas has been re-routed from Europe to China, India and Turkey. In the oil front, things do not look good for Europe.After the cap on the Russian oil, WTI has shot up due to Opec's + refusal to increase production and also the prospect of the Chinese opening up their economy. If Russia refuses to sell oil at the $60 cap, most likely there will be an oil deficit in the global markets that will cause a price increase.

[cashworx83]

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[Seppelt]

EU has not imposed any sanctions on Russian natural gas. It was Russia who decided to punish EU by cutting off contracted supplies using all sorts of excuses. Gazprom is now facing lawsuits from buyers in Germany and Italy and will be paying tens of billions under arbitrage rules. If not, Germany for instance can, confiscate its many assets in the country. While Russian propaganda telling jokes

[WINDGOD46]

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[Citizen13]

Mr Socks is right, There is no strong business case for LNG in Canada. That's because of his horrendous bureaucratic red tape to get anything done here . That is because of natives and their woke white friends who will fight tooth and nail to shut down any pipeline . You know , the natives who have shockingly epidemic rates of diabetes , drug and alcohol addiction , STD's and beating their