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

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Baytex Energy Corp > FEDs target 2% inflation rate

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Post by smallcaptdr on Aug 17, 2022 10:05pm

FEDs target 2% inflation rate

The FEDs are going to do whatever it takes to drive inflation back down to 2% and that includes a recession as the only option. 2% inflation isn't even on this chart so get ready for a stock market meltdown and Oil and NG selling off drastically as we head into 2023 which will be the beginning of the end to higher Oil and NG so enjoy $80 Oil while it lasts.

US Inflation
United States Inflation Rate

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Comment by Noisemaker on Aug 17, 2022 10:16pm

Yes you're still an idiot and we know you're a basher. Lmao. Keep trying I'm sure Stockhouse will move the market lmao. Loser

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Comment by Alwayslongs on Aug 18, 2022 1:58pm

Even you did lots of research and data digging, apprently you dont undersand what impacts oil price and how oil companies operate. You still dont get yourself into the door yet.

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