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Bullboard - Stock Discussion Forum 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... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > Canada keeps missing the boat
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Post by topdown99 on Dec 22, 2021 4:52pm

Canada keeps missing the boat

Canada has suffered through what is it now ? 6 years of Liberal communism ? Ridiculous policy and no government support has turned Canada into an investment wasteland . Trudope has cancelled or held up every project that would be a lifeline to Europe at this time and an economic boom for the Canadian economy . 

2 east coast LNG projects were ready to go and could be supplying Canadian nat gas to Europe today if Canada actually had a government with vision and an economic plan , instead Quebec's was cancelled and Nova Scotia's is still mired in red tape . Trudope's rhetoric and anti O&G attitude have only helped to cause supply bottlenecks and missed opportunities .

EnergyEast cancelled , Northern Gateway cancelled , Keystone XL died on the vine , Coastal GasLink unsupported by Ottawa but supported by the majority of Wet-su-we-tin (sp) .

Canadian media broadcast their opinions , not the facts . Ignoring or glossing over the truth as Mike McClown loves to do will come back to bite all those ill prepared for what's coming .
Comment by JohnnyDoe on Dec 22, 2021 5:11pm
it's not as simple as being ill prepared. The vast vast majority of Canadians cannot prepare for natural gas shortages nor can they prepare for a lack of heat because electricity generation is green I'm retiring soon. Going to live lakeside. Between a wood stove and solar on my roof, I intend to not be reliant on a provincial power grid for heat. But many cannot prepare for that ...more  
Comment by topdown99 on Dec 22, 2021 5:34pm
You're missing my point johnnyDoe , its not the individual that controls their inventory , the inventory controls the market . Nat gas is purely a supply/demand equation , ample supply and easy access ensure a reasonable price . But supply needs to be replenished and that is not happening at a rate condusive to balance . My point was that had Trudope's minnions allowed those 2 LNG ...more  
Comment by GoodLife60 on Dec 22, 2021 6:49pm
110% Bang on!!
Comment by ziggy1410 on Dec 22, 2021 8:47pm
Agree 100%, CBC and BNN  make news and fail to report true news without Spin..Ratings falling to Food Channel level....CNN North...