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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 Hightowntraderon Oct 05, 2022 9:50pm
299 Views
Post# 35008324

RE:EV prices climbing

RE:EV prices climbing
Wildfury wrote:
I love reading this kind of news-credit Reuters - Oct 5 (Reuters) - Ford Motor Co is raising the price of its electric truck F-150 Lightning Pro for the 2023 year model by nearly 11%, seeking to cushion the hit from ongoing supply chain snags and decades-high inflation, a spokesperson for the automaker said on Wednesday. The price of the new model has been set at $51,974 compared to $46,974 earlier, due to "ongoing supply chain constraints, rising material costs and other market factors," the spokesperson said. Its funny that the auto industry claim that they have to raise their prices due to ongoing supply chain issues and everyone has to like it , not . So when the world needs oil & gas and there's a supply and demand issue we have to accept price destruction ? Good luck this winter , good luck trying to sell those electric vehicles at outrageous prices .



I know I'm kinda dumb, but I'm going to hold out for the "Wood pellet" powered trucks. I'm a trendsetter, and I do everything ESG related to impress my neighbours.  Battery powered is so last year...
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