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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 > ICE VS EV DEMAND
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Post by Wildfury on May 06, 2022 12:42pm

ICE VS EV DEMAND

We all know that high gas prices are to blame for inflation, not what's going on in Russia, not the lack of investment in exploration & drilling to satisfy the world's hunger for fossil fuels. It makes me laugh when they blame oil companies for making record profits, etc, etc. The fact that half the price per litre if not more is taxes but no, blame the oil companies not the green people, the climate idiots. The facts are that EVs are hard to get, not to mention they keep raising the prices for them. You have to wait years to get one so don't be throwing a party and forgetting to order the food and drinks. There's no way the average person who's paying double for gasoline, more for housing, more for mortgage payments, more for food cant afford an overpriced EV. I'm not seeing a major shift to EVs to destroy demand, not for years
Comment by BayStreetWolfTO on May 06, 2022 12:57pm
100% Wild
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