Baytex Energy Corp T.BTE

Oil price.

[Realdude]

Oil prices will go down. How do I know? Biden will release another 100 million from SPR.

[IainCaimbeul]

And if he releases another 100 million he just delays both our share price increase and the dems survivability.  If he releases now Brandon is phuqued come 2024, a couple of the most important lessons I learned as a young officer in HRM Canadian Army were: 1- you can NEVER have too much ammunition and 2- NEVER committ your reserves until absolutely necessary.  I hope and pray that and I

[Snowballer]

Another risk ks EIA report comes in millions less than API  Everything is looking pretty stretched out so one must consider if this is the top or is this the bottom of the next leg of the rally after a cool down or consolidation.

[liljohnnyjoke]

The biggest discrepancy between API and EIA inventories I have seen over the years is 11 million so this has potential to break that record. How can an estimate of a draw of 900k balloon to 15.4M in one week? Unless there was some sort of month end math error correction by API? Guess we will find out later today what math EIA is using.

[riski]

The adjustment factor (which is new, vague, and difficult to understand) seems to be causing large discrepancies between api and Eia.  There are some in the industry that believe it is just a fudge factor being used by the us government to keep a lid on oil prices. But like telling a long running lie, that would seem like a dangerous tact as eventually the whole market could blow up when

[dandu1924]

Simple about the math of EIA is using, the math of Biden.