Baytex Energy Corp T.BTE

HFI Research - questioning EIA gas demand

[BayStreetWolfTO]

This is interesting. Makes no difference to me but maybe to traders. Data does seem wonky and that import/export number interesting. I know the weekly production is already wrong.

Always look at all the data...but someone is wrong.....they can't both be right...business or government...one is not correct





https://twitter.com/HFI_Research/status/1554893467641188352

"Sometimes, you need to be empirical and accept the data and not be biased by your own biases. And sometimes, you need to just really ask the common sense question like how the f**k is it possible? EIA implied gasoline demand is below 2020? Below COVID? This is vs

@GasBuddyGuy"

[HighOctane89]

That 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

[BayStreetWolfTO]

We wait for this. I think this weekend while markets closed. "Saudis May Hike Oil Price to Record Even as Traders See Risks Aramco may increase key OSP by $1.50 a barrel for September Traders flag possible turning point as refiners margins drop".