Baytex Energy Corp T.BTE

Biden Releases More Oil From The SPR / Buy'n Op?

[smallcaptdr]

Biden hates OPEC, Saudi Arabia, and Russia and is blaming them for higher Oil that will kill the economy and now he's releasing Oil from SPR which is running on fumes  With today's huge sell-off this could be the perfect time to buy shares because we just hit $82 Oil and this might be the last major sell-off and opportunity to buy cheaper shares or average down because higher Oil is coming.

Commodity Forecast 2022/2023 (tradingeconomics.com)


President Biden Is Planning To Release More Oil From The SPR | OilPrice.com

[Moemoney42]

Translation: you just bought back in from sellers remorse on Friday and saw prices move up Monday.. and now got caught buying higher than current prices.. so you're now pumping the narrative to buy... What a tool.. and very transparent..! 

[woodsmen]

Smallcaptdr high oil is now coming ?  Ha Ha! The sky was falling and your call for $75 oil threw to year end is now over ?     I dunno who is more desperate you or Joe?

[Moemoney42]

So who do you think will win this p1ssing match, lets see... Biden wants to release 100 million brls from storage... OPEC+ plus produces more than that in 1 week... after the 100 million brls, Biden is out of bullets... OPEC+ still produces more than that weekly for decades going forward.. who you gonna bet on to win the game and not just the inning..!  ;-)

[dandu1924]

and now they talking about 10  or  15 million . Who is right, this is a pure speculation again.