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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 red2000on Sep 21, 2022 5:38pm
215 Views
Post# 34977630

RE:Fed projections

RE:Fed projections After reading all numbers, the FED want a soft landing, again over reaction in the market, today !!!

As you see the FED knows, they can't drop the inflation to 2% in 1 year, that's why they write a column name ''Longer Run''.

As you can see below, the avg. inflation rate so far for 2022 is 8,32%, it's only 1,28% higher of Dec. 2021 at 7,04%.

Also interesting to see during the increase of WTI this summer and the gas at the pump, the inflation rate only increased by ,80 of 1%, between april to june and comeback to 8,26% in August like April !!!

What's really increase inflation rate !!??? 
Government grants during june 2020, monthly inflation increased by
441,7% !!!
Subsidies for enterprise in july and august 2020, again 52,3% and 32,3% increase !!!
Salaries increase in many business, lack of supply... seems part of the equation, more compare to oil !!!

Is it really the energy price the most important factor, which increase inflation rate ?

Last example : monthly WTI price increased between march, april and may 2021.
Compare to the monthly increase of inflation rate of 56%, 58,8% and 20%...see below !!!



Image


Only my O !
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