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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 > Implied demand fluctuations
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Post by BayStreetWolfTO on Aug 24, 2022 10:50am

Implied demand fluctuations

The EIA should probably at some point stop reporting or come up with a better methodology. It would be tough to convince me demand changes that dramatically week to week. Just a yo-yo.

Makes little sense...eventually the market will just ignore that data. They should address and improve in my opinion.
Comment by TheWokeLemming on Aug 24, 2022 10:55am
Agreed   One could always count on the EIA as being more reliant than the API.   Now both seem like they are political.  Funny how media commentators comment about OPEC being a cartel and colluding but fail to mention how the US government and their media allies manipulate the market to keep prices down.   My opinion only.    
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