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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 > World War III Is Imminent?
View:
Post by Tommy007 on May 01, 2022 5:44pm

World War III Is Imminent?

Russia-Ukraine war has been 66 days since Feb 24,2022. The weapons being used are gradually getting more advanced. Russia has announced that the 'Satan II' missile, which is 'capable of hitting anywhere in the world', will be deployed in autumn as tensions continue to rise between Moscow and the West. Russia repeatedly and publicly stated that nuclear weapons may be used for the war and will act against those countries (especially UK and US) who are supporting Ukraine. On the other hand, UK has announced it's military bunkers are being upgraded so they can be used to store US nuclear weapons again after 14 years of standing empty. Also NATO announced they will conduct a large scale war exercise across Europe to deter Russia. Both Russia and Ukraine/NATO need to win this war at all costs. Under such circumstance, will the price of crude be maintained at current level?
Comment by Cobalt on May 01, 2022 6:32pm
If i was China i might lock down 300 million and fill up my Oil reserves , maintained and more.
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