Not exact matches
Failure of
prices to
recover raises the prospect of even deeper cuts to investment by
oil and gas companies next year
and would likely result in Canada's economy remaining on a slower growth path than the 2.2 per cent pace we are expecting.»
Today, we look at an
oil and gas stock that we regard as a value stock with strong potential to grow when energy
prices recover.
so if
oil companies do this, then the cost of their borrowing increases, they develop less fields, lower
oil and gas is
recovered,
prices rise, people cut back, unemployment rises
and the left rejoices.
Paul Spedding, former global co-head of
oil and gas research at HSBC, an adviser to Carbon Tracker, says he believes the
price of
oil may never
recover.