I just Don't Get It

There is a finite amount of oil in our earth's crust. Yes, folks may quibble about the actual volume....but there is a good consensus  that there is a REAL and DEFINITE measurable quantity of oil worldwide, which will eventually run out.

So, what I really don't get.....is even with all the haggling of OPEC and other oil producers, why hasn't the price of oil stocks bounced back?
Suncor,  (TSX:SU)    is still stuck at under $36 per common share as of today.....at $35.19 cdn.

Perhaps the stock market has become naively obsessed  with electric vehicles, without realizing that a significant chunk of our electrical grid is still powered by the oil and gas industry.

I've done a post or two about that before. Electric powered "anythings" are not necessarily green. It's all about what is used to create the electricity we will all be using.

As of 2014, 8.7% of Ontario's electrical grid is powered by the oil and gas industry. Yes, tis true.


For a break down of Ontario's Energy Mix....take a gander at this document:
http://www.ontarioenergyboard.ca/oeb/_Documents/Regulatory/2014_Supply_Mix_Data.pdf

Do you have some profound views about the lagging state of oil and gas stocks?

Eager for your feedback,
Thinkfully yours,
Carla.



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Sometimes Spelling Doesn't Matter Anymore

It pains me to write this, as I am a superb spelling geek, and you could throw a lot of good grammar in there too.

But there's a blog I enjoy reading every now and then, and truth be told, the blogger's spelling and grammar is completely atrocious. But the content is written straight from the author's heart, without undue editing, and if you're the type of reader who appreciates good ole fashioned HONEST stock market                          chit chat/commentary, then you'll want to check out my fellow Canadian blogger named Sunny.
Actually, Sunny never really posts her real name, but her blog is right out there in Montreal, hob- knobbing with all the latest spills and falls and booms in the Canadian Stock Market. You see, dear Sunny tells us all about her life's foibles and triumphs and we enjoy hearing her blunt descriptions of her journey.
For a female investor, she's a brave new voice")
Viva La Sunny!
Check it out
http://www.myfirst50000.com


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