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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

Comment by HighOctane89on Aug 03, 2022 5:26pm
172 Views
Post# 34869561

RE:HFI Research - questioning EIA gas demand

RE:HFI Research - questioning EIA gas demandThat is the crux of the problem , misinformation for political purpose . Since Biden went full court press and the EIA went dark for a week (Re:oil) , the narrative has been totally disconnected from reality . Normally the market would jump all over an obvious discrepancy like this but the paper market is being managed by government pressure . As we all head toward winter , short term diesel demand will spike with the upcoming harvest demand (tractors , trucks , combines) against a record low inventory . Gasoline demand in reality , directly contradicts the government released data but the machine won't hear it .

I guess its easier to believe the supply will never be overwhelmed by demand , big shocker coming especially when the SPR runs out . Until then , ignorance is bliss .
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