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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 162,000 net acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.


TSX:BTE - Post by User

Post by jleer42on Mar 18, 2022 12:47pm
231 Views
Post# 34525758

IEA says restrict cars...

IEA says restrict cars...You can't make this stuff up...

The International Energy Agency said the world could lessen an oil shortage caused by Russia’s invasion of Ukraine by restricting how people use their cars and accelerating the transformation of cities dominated by the automobile. 
 
“We are experiencing a major crisis,” IEA Executive Director Fatih Birol said at a press conference on Friday. “Oil markets are in an emergency situation. And not only that -- it may even get worse than today in the next few months.”
 
Advanced economies could reduce their daily oil demand by 2.7 million barrels within four months by following a 10-step plan, the IEA said. That would significantly ease looming supply strains by almost offsetting the 3 million barrel-a-day loss of Russian production the agency anticipates for April.

https://www.bnnbloomberg.ca/iea-says-world-could-ease-russia-oil-crisis-by-restricting-cars-1.1739523
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