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Bullboard - Stock Discussion Forum Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

Yangarra Resources Ltd. is a Canadian junior oil and gas company engaged in the exploration, development and production of clean natural gas and conventional oil. The Company has its main focus in the Western Canadian Sedimentary Basin. The Company has developed its land base to target the halo Cardium at Ferrier, Chedderville, Cow Lake, Chambers, O’Chiese, and Willesden Green with a focus on... see more

TSX:YGR - Post Discussion

Yangarra Resources Ltd > Break point...
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Post by kavern23 on Oct 13, 2023 10:00pm

Break point...

Patiently I wait the intial break point that should alter things. I think that is when USA starts selling 200-250k evs a month for awhile...but by end of 12months of 200-250k per months sales would likely change things on gas demand abit. 100k less gasoline much adds up over 365 days.

Right now USA sold 300k last quarter so USA still needs to at least double ev sales per month before things get interested from Ev aspect.

Not saying oil prices will remain depressed because of evs but what I am is that some correction likely caused by evs has to happen...to lower USA production...and then oil prices strengthen again.

OPEC is just trying to delay demand correction that Ev intially do.

Whether it is evs or renewables, its one more "double" of adoption and things become really noticable in data. If USA ever doubled their current wind capacity it would be noticable, for sure.
Comment by TheRexmember on Oct 13, 2023 10:54pm
I find it all interesting Kav.  I will buy a few copper juniors and maintain my lithium positions for the "transition" butI think gas is THE transition fuel. I just don't think the EV impact will be felt before this cycle turns down anyway.  FYI flush or Rex, same guy. Different computer. 
Comment by kavern23 on Oct 14, 2023 12:41pm
The other interesting thing I am noticing with EV's is lots of the media is pushing "green" and environment reasons for Ev s to sell and this is FASLSE Ev's are going to take over because of software and artifical intelligence reasons General potential doesnt realize the potential for the main software in an EV to do so much and combustion vechicles dont have this. Lots of ...more  
Comment by Hightowntrader on Oct 14, 2023 2:38pm
I've said this before in other forums, but... GM introduced Onstar almost 30 years ago and it was miraculous that they could unlock your car for you when you left your keys inside, etc... In this day and age people are being asked to conserve electicity on hot and cold days during peak demand- and to not charge during those times.  In the future "they" will just lock out your ...more  
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