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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 Wildfuryon May 06, 2022 12:42pm
218 Views
Post# 34662549

ICE VS EV DEMAND

ICE VS EV DEMAND
We all know that high gas prices are to blame for inflation, not what's going on in Russia, not the lack of investment in exploration & drilling to satisfy the world's hunger for fossil fuels. It makes me laugh when they blame oil companies for making record profits, etc, etc. The fact that half the price per litre if not more is taxes but no, blame the oil companies not the green people, the climate idiots. The facts are that EVs are hard to get, not to mention they keep raising the prices for them. You have to wait years to get one so don't be throwing a party and forgetting to order the food and drinks. There's no way the average person who's paying double for gasoline, more for housing, more for mortgage payments, more for food cant afford an overpriced EV. I'm not seeing a major shift to EVs to destroy demand, not for years
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