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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

Post by topdown99on Mar 29, 2022 12:13pm
95 Views
Post# 34555696

Government is playing both sides but getting nowhere

Government is playing both sides but getting nowhereGovernment is saying they "want to get prices down" , "they want to help ease the energy crunch in Europe" but they don't do anything to make it happen . Look at the past few days , the price of oil has been slashed on a rumor ( peace talks with no results ) . Banks and left wing snowflakes can't wait to short O&G and anyone involved with it so why would any company run out to invest in increased production ?

Neither Biden or Truedipshit are willing to take on the psycho-eco voters that they owe their jobs to so the economy stays in this pergatory of stagnate supply , I guess it will take more pain before someone actually acts like an adult and sets a new policy for the next decade . The US is rapidly running out of patience with Biden begging Venezuela , Iran , Saudi Arabia for oil and sucking up to the Russians asking them to broker a US/Iran deal . Biden can't tell you what he had for breakfast by 10:30am , how do you expect him to competantly run a country or lead the free world ???? It ain't happenin !!!

So the same old story gets replayed again , we'll all be drowning in oil by next week , there is no supply crunch and production will rise even though no drills are turning . The only companies that are really making money are being held down purely on bank bias . Well you can pay me now or you can pay me later but I will guarantee the longer it takes , the more it will cost economically and most certainly politically 

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