RE:BTE.TO at $12? Yep, an analyst is even predicting it!One thing that hasn't been talked about much in the media is something I noted about 10 days ago, which is the dramatic decrease in total petroleum stocks compared to the previous 5 years. Last week there was another 9+ MB draw on total stocks. Bringing the total to over 50MB drawn in the last 8 weeks compared the previous 4 years as noted below " Below is the cumulative change in Total Petroleum Stocks for the same 7 week period for the last 5 years......... Quite interesting to see the last two years total stocks drawing down at such an accelerated pace as compared to the previous years.............. Below is the cumulative change in Total Petroleum Stocks for the same 7 week period for the last 5 years......... Quite interesting to see the last two years total stocks drawing down at such an accelerated pace as compared to the previous years.............. (2017 - 47.4 MB Draw) (2016 - 25.6 MB Draw) (2015 - 1.9 MB Build) (2014 - 6.6 MB Draw) (2017 - 0.1 MB Draw) Read more at https://www.stockhouse.com/companies/bullboard/t.bte/baytex-energy-corp?postid=26889698#AdJJEqd48Q9YTEfQ.99