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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

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Post by andy604 on Oct 19, 2023 10:07pm

SPR

The Department of Energy (DOE) announced offers totaling 6 million barrels to be delivered between December this year and January 2024, as the Biden administration sought to begin refiling the heavily-drawn Strategic Petroleum Reserve (SPR). 
Comment by VeritasVern on Oct 20, 2023 5:06am
Yes and they are looking to do it at $79/b, which likely won't be filled. This is why they have only refilled 6 billion barrells thus far this year. Perhaps they can fill it with cheap Russian oil at $60/b, hahaha.  
Comment by dandu1924 on Oct 20, 2023 6:11am
Probably, the Biden administration   did yet the refill the SPR  with the Russia Oil  via India  on  the black market  , The USA   they can do anything  for one dollar, like the old expression, " An american can kill his mother for one dollar ".So nothing will surprise me  with   USA  oil , just look what they did try& ...more  
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