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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 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

Bullboard Posts
Post by Purveyoron Sep 28, 2018 11:07am
56 Views
Post# 28709338

NAFTA spoint #2 - Dairy industry and subsidies

NAFTA spoint #2 - Dairy industry and subsidies This is a sticking point, and not subject to discussion becuase of the Quebec elecitions - October 1.
So the DJT timelines are really mistimed, for Canada, if you are trying to negotiate any concessions.

Quebec Dairy farmers are a significant voting base in the province and will have impact in this election. The liberals are fighting for seats. Any give on this issue could sink them in this election.

So wait until after Oct 1, and maybe not even then as federal Liberal candidates will take heat for dairy concessions.

Now what's interesting is The US and Canada had previously negotiated favorable quopta's, so DJT's blasting Canada on unfair practices is nonsense.

"As part of this system, Canada has negotiated import quotas with each of its major trading partners.  The U.S. has obtained a favorable quota and, as a result, exports more dairy products to Canada than it imports from Canada. In 2017, Americans sold $792 million in dairy products to Canada, while Canadians sold $149 million in dairy products to the U.S., creating a tidy trade surplus for the U.S. of nearly $650 million."

See:

https://www.brookings.edu/blog/up-front/2018/06/13/a-trumped-up-charge-against-canadian-dairy-tariffs/

Canada is a threat to US dairy????? Really? The US already sells over 4 times the dairy to Canada than Canada sells to the US.

Now if the DJT rhetoric isn't "fake news" I don't know what is!

Wake up people ansd stop drinking the kool-aid.

Bullboard Posts