Fuel shortages
Fuel shortages all over,in Panama,riots happening in the news,Sri lanka ,major shortages with more countries growing by the days. They want us to believe that there's demand destruction , not happening and its going to get worse once Russia stops supplies . Think about it ,Russia could take Ukraine in a week, max, why is the so called war dragging on? To keep prices elevated of course ,Russia benifits big time. Take a look around you,I live in Oakville Ont, nothing but grid lock every where ,every day .Help wanted signs every where , no lay offs, no recession , just lies by the media and governments . I say to you, hold on to your Baytex shares , . We are severely undervalued like many other Canadian energy companies , judgement day is coming very soon for all the longs , be positive , stay positive , ignore the BS ,oil & gas is in short supply & high demand . This week Delta airlines ordered 100 aircraft with options for 30 more , recession ? Take a look at your local service Canada office , lineups every day for passports , airlines cant handle the demand ,the airports cant handle the demand .Aircraft run on kerosene ,basically they call it jet fuel thats a cheap by-product of crude . I recently retired after 40 years in the aviation industry ,the order books are back logged 3 years for $75 million dollars US private luxury jets , what recession . The inflation has nothing to do with oil & gas ,its all the world's government's making us pay for the past few years of covid lockdowns & debt that they created ,stole from taxpayers , all in the name of safety . Im not selling one share of Baytex for another year at least .