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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 > Making a good point
View:
Post by BayStreetWolfTO on May 12, 2022 10:20am

Making a good point

Many fail to understand this....


"The idea that Opec can't have production "on tap" and be pressured to increase output whenever consumers raise concerns is something that some western officials cant understand."
Comment by Marty57 on May 12, 2022 12:40pm
I think that very soon people will understand that OPEC cannot simply open up the taps whenever the market asks. OPEC production increases have been sputterring for months and when Saudi, Kuwait, Iraq and UAE get tapped out (maybe now?) there will be no further bumps up in production, regardless of what the market wants.
Comment by Re1ndeer2 on May 12, 2022 12:56pm
US Pres doesn't understand nor does Boris...Trudeau never had a clue....TransMountain will give sector big bump next year along with GasLink...
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