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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Energy Oil & Gas E&P
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 > Export talk is the new NOPEC talk
View:
Post by BayStreetWolfTO on May 26, 2022 2:57pm

Export talk is the new NOPEC talk

If you recall 3 weeks ago the headline was NOPEC passes senate comittee...

Yep dead silence....why...it's pushing the nuclear button with the middle east


Now we hear Export Ban....what is it....a nuclear button to screw Europe...

BUT yes if you want to at this point in history turn your back on Europe with Russia through the doorway be prepared for the disaster that will create.

It would be interesting to have a poll here to see what % of people think the US will hit that nuclear option....

In my opinion all of it noise for the algos.
Comment by BayStreetWolfTO on May 26, 2022 3:00pm
BTW my bet.....Russia would LOVE the US to pass NOPEC or implement an Export Ban Biden would be doing EXACTLY what Putin would want imo....this would send global prices up for all those desperate for fuel and make Putin even MORE powerful. IF Biden does that he has lost November 100%
Baytex Energy Corp
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