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 > Price controls

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Post by marketsense on Nov 24, 2022 9:11pm

Price controls

Gambino, would you care to elaborate about your comment about restricting prices
without controlling supply. What are the possible consequences of such action on
the free market. I think many of us here including myself would like to hear your
thoughts on this issue. Thanks.

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Comment by HighOctane89 on Nov 24, 2022 9:49pm

It wasn't Gambino , it was me that said that . For starters , restricting prices does nothing to encourage production and will eventually cause declining supply . Declining supply is the last thing Joe and friends want to be blamed for but his policies choke exploration and deter infrastructure construction . Faced with a sane republican candidate , Biden's handling of the economy ...more

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