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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 > EIA: Implied Gas Demand
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Post by BayStreetWolfTO on Aug 17, 2022 10:53am

EIA: Implied Gas Demand

Flushing out data. Physical reconciliation always wins as I have said in the past. More to come through Q4 and into 2023. I will be interesting

As they say don't overreact to weekly data....but long-term investors know this.

US implied gasoline demand (product supplied) in mbpd - EIA 

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Comment by TheWokeLemming on Aug 17, 2022 11:04am
My theory to that July dip in demand was that the airports were packed and tourists weren't driving their own vehicles or renting.  Upon their return driving habits retuned to normal.  No science behind it.  Lol.  
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