OIL Prices now over $100.
Crude oil prices surpassed $100 today as this oil cycle is quickly becoming one of the strongest in a long time. In fact, prices are hitting levels that haven’t been seen since 2014. What happened in between was a world of pain for oil and gas companies. Energy stocks like Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) were struggling to justify their existence. Investors shunned these companies as crude oil prices tanked and environmental concerns became everything.

https://www.msn.com/en-ca/money/topstories/oil-prices-blow-past-100/ar-AAUtJtT?ocid=msedgntp

Lol

O.P it is no hidden secret that the oil price boom will be the retirement bonus of this current administration

We are waiting ooooo

They will put the next blame on putin. Instade of fixing internal problames.

Out of 8 years, oil price high for just one, you're expecting all problems to be fixed.


I also expect things to improve, but not to fix all problems.

This boom in oil prices is Christmas present/New year bonus for them as they prepare to exit office.

NaijaCowFarm:
OIL Prices now over $100.
Crude oil prices surpassed $100 today as this oil cycle is quickly becoming one of the strongest in a long time. In fact, prices are hitting levels that haven’t been seen since 2014. What happened in between was a world of pain for oil and gas companies. Energy stocks like Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) were struggling to justify their existence. Investors shunned these companies as crude oil prices tanked and environmental concerns became everything.

https://www.msn.com/en-ca/money/topstories/oil-prices-blow-past-100/ar-AAUtJtT?ocid=msedgntp

[b]I can see you do not look at history and what is going on unfortunately Russia is now Falling Into the Trap of the West. Go back to WWI and WWII where coal was the dominant Force. After WWII what happened the price of coal started rocketing add everybody change to diesel and natural gas because the coal power stations were also too expensive to maintain and the trains. Today unfortunately the Western countries Europe and North America have laid a trap for Russia oil and gas producers in the world but the deadline of 2030 hundred percent of the cars in Europe and America must be electric some of these people are trying to speed it up by making natural gas and oil unproductive and very expensive to keep it off faster. Here is what I mean to generate 1 megawatt of electricity from renewable sources like geothermal wind and solar is above 60 US dollar. To generate 1 megawatt of electricity from gas is 190 US dollar. Generate 1 megawatt of electricity from oil or petrol is 250 US dollar. You can see how the west is trying to kill the Oil and Gas Industry off because they really have no interest in it. What this means is the price of gas and oil will become so expensive that everybody would be forced to switch to renewable sources it is the plan. Fortunately some blind people like Russia's President Putin Saudi Arabia United Arab Emirates Islamic Republic of Iran and Nigeria have fallen in the Trap of the Western countries. You just have to look at what happened in coal after WWII it was the same thing. And 80 years later the same issue is happening again with fossil fuel. Who will want to invest in something which is so expensive and also expensive to maintain when renewable energy is 3 times cheaper.[/b]