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Bullboard - Stock Discussion Forum Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

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

TSX:WCP - Post Discussion

Whitecap Resources Inc > Cap and Trade
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Post by Ocalaman on Dec 08, 2023 7:05am

Cap and Trade

The system announced yestrday is akin to the government picking winners and losers. The biggest losers ,by far, will be oil sands companies. Calagry Herald has a good writeup about what the new system is and how its will work. 

https://calgaryherald.com/business/energy/emissions-cap-and-trade-system-climate
Comment by Citizen13 on Dec 09, 2023 7:44am
I'm guessing WCP will be one of the few winners in this latest hurdle . Net zero and maybe even sell credits to oil sands companies ?  I love Guillbeault's latest BS that this is not a cap on production . Just a passive aggressive liar . It's like taking half of somebodies income away and saying they are still free to buy whatever they want . I cannot wait until these idiots are ...more  
Comment by tollycraft on Dec 10, 2023 10:36am
Well said, great point in a nutshell. GLTA