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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 > EV prices climbing
View:
Post by Wildfury on Oct 05, 2022 9:26pm

EV prices climbing

I love reading this kind of news-credit Reuters - Oct 5 (Reuters) - Ford Motor Co is raising the price of its electric truck F-150 Lightning Pro for the 2023 year model by nearly 11%, seeking to cushion the hit from ongoing supply chain snags and decades-high inflation, a spokesperson for the automaker said on Wednesday. The price of the new model has been set at $51,974 compared to $46,974 earlier, due to "ongoing supply chain constraints, rising material costs and other market factors," the spokesperson said. Its funny that the auto industry claim that they have to raise their prices due to ongoing supply chain issues and everyone has to like it , not . So when the world needs oil & gas and there's a supply and demand issue we have to accept price destruction ? Good luck this winter , good luck trying to sell those electric vehicles at outrageous prices .
Comment by masfortuna on Oct 05, 2022 9:30pm
That price is in US dollars.  It's almost 70k Cdn..
Comment by Hightowntrader on Oct 05, 2022 9:50pm
I know I'm kinda dumb, but I'm going to hold out for the "Wood pellet" powered trucks. I'm a trendsetter, and I do everything ESG related to impress my neighbours.  Battery powered is so last year... Extra Stupid Geopolitics
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