RE:Baytex Energy and a Oil Bull Market I agree the SPR release is long-term bullish....but maybe he is just creating a massive problem for the next President....this may be the ultimate passing of the buck...
AnalystGrimes wrote: Think we are in for one major oil crisis. Record travelling about to be taken place over the next couple of months/years. 85% of Canada and US has their shots and now have a immunity built. We have lack of investment along with OPEC not able to fulfill their quotes on production. You have Sleepy Joe releasing barrels of oil for emergency use to try to fix price meanwhile it's just a pinball machine affect. What I mean by that is he can keep playing the game and eventually he will run out of balls where you will see oil top at all time highs. One little blip like the tornados that hit a few states can cause a spike over the next little while. Get ready! Baytex still and will remain my top pick. December 20th is going to be a milestone for this company.