Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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 269,000 gross 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

Baytex Energy Corp

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Post by FullReversalon Oct 02, 2016 10:38am

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Post# 25299644

Lower US dollar = higher oil and gold, right?

There are some of us who feel that the US dollar is heading for another devaluation via quantitative easing (QE).

The US feds appear to be relunctant to raise interest rates because of the destabilization of the markets and economy. They keep delaying it quarter after quarter and are in the same position this year as they were last. Except for the US elections.

Is everyone in agreement here that a lower US dollar would mean not only higher gold prices but also higher oil prices?

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