@ekwufinance Or people travel more locally. Doesnt help airlines but hotels and restaurants may see same spend. Once jet fuel pricescome down the flight volume will surge....supply and demand.
@RealPeterLinder Wasnt it dropping today though or suppose to? I think yesterday was a good day to buy or buy back in. Cash flow in Q3 is gonna be as good as Q2, Q4 so far on track for even better numbers. Gonna be a lot of companies paying down debt.....or no debt left.
@RealPeterLinder I think some things to keep in mind Eric is the break even here vs what it is in the US for work being done on production activities or new wells. The CAD/USD $ is real. Drilling will slow down in the States if WTI stays at 70 or below. Canada will, slow down less.
@RazorOil He could be one of the most out of touch politicians ever, and has no clue about supply and demand. But hey everyone should have the right to their own opinion. Please teach more economics in school, especially to people aspiring to be a politicians.......
@RazorOil@tradeoilstocks Classic love that clip. Gotta have thick skin for oil and gas investing. Grab a decent dividend that your happy with (7 or 8 percent is fantastic) and then the ups and downs are not as bad.
@APC_Trades@ericnuttall It will depend on which producer it is, this certainly can not be a blanket statement. Some of the companies at higher dividend yields will certainly not be able to hold long term (short term no one or very few will move as a dividend change will plummet stock prices).
@garquake https://t.co/NS36Vs3HCj tough to see these prices. It's been ugly all summer but this is going to hurt Q3 bottom lines for those not hedged (really bad).
@JoeSquawk that interview was unreal. This is why we need younger kids to learn economics. Senator Warren seems to miss understand true supply and demand from economics 101.........and how a market works. Competitive markets won't happen on there own, really?
@SullyCNBC@LastCallCNBC This was my favorite show on @CNBC . @JoeSquawk we watch you in the am from Alberta at the five am hour and tape @SullyCNBC . Replace it with Shark Tank WTF are you guys thinking. Joe I hope I hear you say something tomorrow. Sully man that sucks....
@jessicahadwin After 7 green I thought he might have won. Tough course, rough last 11 holes but being a good Canadian polite to Jack! We need a Canadian golf channel that focuses on the boys!