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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 marketsenseon Oct 23, 2022 1:54pm
367 Views
Post# 35042098

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MoreWe are very lucky in one sense to have the abundance of resources in this country
because at the rate we are giving them away at discounted prices ,  we could have 
run out of them by now.

So if weren't for the idiot leadership that Canada seems cursed with,  we could and
should have been selling our oil & gas at world prices instead of giving it to the US
as cheap as possible so we can be play Mr. Nice Guy and remain good friends and
neighbours.

Is there any good reason other than the above why we can't be a member of Opec
and secondly negotiate with Quebec and the Indiginous groups across Canada to
run oil & gas pipelines to both coasts for the benefit of all.  Its absolutely ridiculous
to continue on with the present state of affairs in a world where other countries are
willling and able to market their resources to the world while we remain landlocked
and in a semi state of bondage and slavery to the US market?  Where is the outrage
in our politics that would tolerate such a condition to exist for so long and with no
end in sight to change it.  

Where are the voices to express this outrage and make it a #1 election issue right
up front and center instead of all the petty BS that seems to concern everyone.  You
want social programs in this country like Healthcare, Canada Pension,  OAs, Education,
Infrastructure, etc,  you got to have revenue to pay for it and not revenue from increased
levels of taxation that are burdensome or borrowing every year with debt.
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