Baytex Energy Corp T.BTE

Russia's Largest Gas Field Ablaze

[Greenday]

https://youtu.be/kWm0uyivit4

[balducci]

Huge fire breaks out at Russia's largest gas field as pipe bursts, threatening supplies to Europe

[jleer42]

Wow, if this turns out to be true things are going to get tighter. 

[masfortuna]

True but with all O&G stock price dropping about 15% over he last week you would think oil dropped significantly.  We are at $118 oil and based on the numbers alone, O&G companies are massively undervalued.  So what gives?

[BobbyBoy]

I agree, its frustrating. I beleive it is a general, broad-based market exit due to the potential of a looming recession with its inherant demand destruction. Many variables at play. I'm staying long, but with reservations.

[BayStreetWolfTO]

Simple....or so I think... Money is getting expensive.... I think many in their 20's, 30's and 40's live on credit Now they have tough decisions to make...probably for the first times in their lives. I do feel for them but not too worry they will get through it (we all did) Us older generation will benefit as some of the younger gen liquadates positions... Just my two cents....it

[PictouBoy]

Time. Set it, forget it.  Focus  on your mission and purpose. This time next year we'll be 20 bucks. Pay no attention to the day to day noise. 

[BayStreetWolfTO]

You got it...best not to worry about the price or day to day or week to week. I always find for me setting a date helps me sit on my hands. June 30, 2023