Stories tagged with energy stocks
A fine balance in the energy market
Posted by Yankee on November 23, 2005 - 1:16pm
Topic: Economics/Finance
Tags: encana, energy stocks, oil prices, peak oil, stock market, suncor [list all tags]
EnCana, Canada Oil Shares Fall as Investors Bet Oil Has Peaked
Alas, the article has nothing to do with PO. What they mean is that oil prices have peaked.
Still the article was rather interesting. As oil prices were steeply rising earlier this year, EnCana and Suncor were raking it in on the stock market. However, now there's a perception that the tide is turning, and that oil prices are going to drop. This is hurting EnCana and Suncor on the stock market.
How do they know the tide is turning?
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