Baytex Energy Corp T.BTE

Energy industry faces death by a thousand cuts.

[spurwing2]

https://finance.yahoo.com/news/energy-industry-faces-death-thousand-160000884.html

[JohnnyDoe]

We're starting to see increasing levels of push back against the green narrative. Industry execs are getting more aggressive in commenting on how public policy is becoming dangerous to energy security which is a good thing

[dllscwbysfn]

The oil industry will not die anytime soon.Dumb governments might add taxes and regulations but this will only curb investment.   EV are maybe 3% of the market, so 97% are ICE and will take 10 years to get them off the road.  If the government overally punishes O and G companies, prices will then rise which leads to inflation. Liberal governments are starting to understand this

[pgspet]

We'll Said!

[JohnnyDoe]

And the real elephant in the room is gasoline taxes. EV drivers are getting a free ride. They're driving on roads paid for by gas taxes. Remove the gas tax, apply it to charging costs, total cost of ownership on EVs goes thru the roof

[dandu1924]

This is just a matter of time and all the Government will taxes the EV too,  and example  all the energies ( oil, gasoline, propane, natural gaz, diesel, ect  are taxed.  EV  free taxes  , this is too nice to be true.