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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

Comment by JohnnyDoeon Apr 12, 2022 10:08am
162 Views
Post# 34596622

RE:RE:RE:Hey ...... what happened to all this talk about ........

RE:RE:RE:Hey ...... what happened to all this talk about ........
topdown99 wrote:
masfortuna wrote: Hey Top!  Just a few things.  The planet has undergone warming periods and cooling periods throughout its existence. That is why we have palm trees under the ice.  The isue is that we ARE exacerbating the issue. That is a fact. If you don't believe it then check Exxon's own personal conclusions on the matter conducted in the 1970s which they had hoped to surpress in the 80s and 90s. So YES we are affecting climate.  The real question is whether or not our policies in Canada make a difference when China, India, Nigeria who combined are 1/2 the world's population, continue with the status quo. 

 


All we are doing is changing the "recipe" mas . What I mean by that is once we have warmed (which is happening with or without us) to a certain point the north and south poles will release their trapped Methane which by all accounts is worse than CO2 . 

My point is that this "snowball" started rolling down hill 20,000 years ago which has set in motion events we can not "engineer" our way out of . 5000 years ago the Sahara was a fertile grassland , the only constant here is change so either adapt or die . 

Can we do better ? You bet we can but without everyone being on the same page , we are throwing away our future for some unattainable goal . Canada has 500 million trees absorbing the worlds excess CO2 , when will we get credit for our massive carbon storage instead of blaming ourselves for China or India's pollution ? In the meantime , I like the idea of keeping our profits here and controling our own security and energy independence 


I recently had a long discussion with a friend of mine about EVs and the need to switch. Climate change is accepted as a fact. At least in the western world. In my view, Chinese and Indian scientists are certainly as bright as ours. So why aren't the Chinese and the Indians desperately trying to get off coal as an example? I certainly get that moving to renewables is good in the long run, but in the meantime, until the world steps up with a global approach, we're kidding ourselves thinking Canada can do something about this. Why should Canada, as a northen country, put its energy security at risk if we really have little to contribute to the global solution. Do our part? Sure. But leadership is nothing without the big pollutrs on board. 
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