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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 > International relationships matter
View:
Post by BayStreetWolfTO on Mar 08, 2022 11:49pm

International relationships matter

Aside from the issues between Russia and the US...it is clear many others are changing strategy with regards to US relations. 


"The Wall Street Journal
 
Leaders of Saudi Arabia and the United Arab Emirates declined requests to speak to President Biden during the Ukraine crisis, officials say. They both took calls from Putin." 
 
 
Comment by Antonyius on Mar 09, 2022 1:54am
Because it's fairly clear that US enticed Ukraine to provoke Russia into invading. Putin did it because otherwise he would lose his image as the "alpha male" in Russia. The real losers are the Russian and Ukrainian civilians because nobody wanted a war. The real winner is the US who gets to now supply even more LNG to Europe making them more reliant on the US and weaken Russia AND ...more  
Comment by mugs19 on Mar 09, 2022 2:41am
Antonyius: While I agree with most of your coments, I must say I disagree with your last one: "The real winner is the US who gets to now supply even more LNG to Europe making them more reliant on the US " The USA is no longer energy self-reliant, let alone export LNG to Europe. Why else are they looking for Iranian and Venezuelan O&G? Canadian Oil is too good for them ;) mugs
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