MapleBarrelAlpha

An incomplete list of what "the day after" will look like and why the US/Iran "excursion" will have a lasting impact on the oil market: 🛢️the process of Strait of Hormuz normalization will be measured in months even when "peace" comes, whatever that may look like. Voyage time to get empty vessels into the Strait and then back to destination points = months. Until then, production losses (now ~11MM Bbl/d) mount, yet safety buffers like unsanctioned oil-on-water and SPR will soon be very inadequate. Physical shortages imminent. 🛢️forecasted Middle Eastern production cumulative losses ~900MM Bbls even with things normalizing in April = death of the Super Glut narrative = baseline reset for balances. Inevitable demand destruction cannot offset 11MM Bbl/d of production losses. 🛢️production coming back online will take months (Kuwait saying 3-4 months, what of Iraq?) + potential for (semi) permanent losses due to reservoir damage 🛢️expected enduring political risk premium of $10/bbl-$20/bbl with new floor price of $70-$80 🛢️what is the value of OPEC spare capacity (all 1.5MM Bbl/of it pre-war) if much of it is vulnerable to a $30,000 drone = increasing strategic value of long-dated reserves in politically stable countries with egress (🇨🇦) 🛢️we already have strategic hoarding and product export bans, expect more countries to build SPRs = future demand 🛢️still TBD damage of many refineries and infrastructure = abnormally high refining margins, plus need to replenish what was already low stock levels

@BeegJj Added yesterday . So much runway here.

Adding shares of $cve here.

Historic drop in OPEC+ oil exports in March, mirroring the drop at the height of COVID. Complacency being fueled by lag effect, yet imminent product shortages in much of the world about to serve as a reality check. Position accordingly!

@ericnuttall @trend_bullish Canadian oil and gas reigns supreme! Let’s go WCP, CVE and ATH

April will be historic for the oil market, yet most people can neither see nor imagine what is coming.

If you think you missed the energy run, think again🤩

Thank you Canada ! 🍁 Source: CDNEnergyCentre 🫡🪒

What I'm focused on during the worst energy crisis of our lifetimes: youtu.be/sFAd6Szmf28?si…

@ScottBilleck What a loser take.

Pretty classless display tonight by Leafs players. Domi crushed an injured Gudas in a game he didn’t have to play but did so Toronto could get its revenge. Domi got it, and then other players kept kicking a guy while he was down. Code rule book got a new chapter I guess.

Someone want to explain to me why this is bearish for oil? Because it sounds to me like it’s max bullish for oil prices.

@jim_duffus @BeegJj Legendary company. I just keep adding

Great reading here for all $wcp.to bulls. Not much there that many of us dont already know, but lots of good information for newer investors thinking of buying whitecap shares. To those thinking of taking a position, that's great welcome to the whitecap team, but you won't be buying my shares. I bought them in April/May 2020 and there not for sale. Just like many other Canadian Oil Mafia members like @BeegJj @Andys05657228 and @ericnuttall Whitecap Resources: Hit The Jackpot (OTCMKTS:WCPRF) | Seeking Alpha share.google/frofvzo9ZyeGkL…

@JoshYoung We got you. We have tons more, just an inept government that won’t let us unlock it…yet.

Thank You Canada

@markhmasters @PierreVLeBrun @TSN_Sports @SamAMcKee when Kyper speaks. You must listen…

Keith Pelley: “Brad Treliving is a man that we all have deep respect & appreciation for, both as a hockey executive & as a person, but it was determined that the club must chart a new course under different leadership” @TSN_Sports

Avi Lewis says that conservatives across Canada are highly supportive of government run grocery stores

@Get__Groked @SportsnetSpec @WeAreCanProud Poll the people of Alberta and you will find out!

@Optomedrip @SportsnetSpec @WeAreCanProud Says who? Maybe the base is more than just people like you.

You're disrespecting Joni Mitchell, and you call yourself Canada Proud? Sit down, shut up, and show some respect, @WeAreCanProud

@WatcherGuru @jnconkle It’s time to buy!

JUST IN: Jim Cramer says oil prices have topped.

@CANoilandgas $WCP.TO is the one with the most potential and amazing management team. $CVE.TO not far behind.

Also call outs for $WCP.TO $CVE.TO $SU.TO as top picks