RE:While WTI chart looks weak BTE Chart very bullishSnowballer, That's because netbacks are defined as selling price per barrel minus break even cost per barrel. So even if wti drops by 2% but break even costs drop by 3% then netbacks increase. The idea that bte's earnings potential is solely determined by wti price is short sighted. The Q3 statements will show whether bte is reducing their break even costs, royalties included. I bet that they are. So higher netbacks mean more net operating income.