Baytex Energy Corp T.BTE

US retaliation a big Nothing

[Realdude]

The price of oil will stay relatively low in spite of US retaliation because fundamentals governing this commodity are telling us that we are simply over producing. It's simple supply vs. demand. Dead money these stocks for now unless a major and prolonged escalation towards Iran. That will never happen because it opens pandoras box....which nobody wants or supports.

[greendaze]

An evil man will burn his own nation to the ground to rule over the ashes . Sun TZU

[Realdude]

I've read the art of war my friend, unfortunately  Iran is not evil, they are just cowards,, unless you are referring to sleepy Joe?

[ztransforms173]

- I PREFER a different citation - the DARKER SIDE of humanity: Here we may reign secure, and in my choyce To reign is worth ambition though in Hell: Better to reign in Hell, then serve in Heav'n   John Milton Paradise Lost   *** z173

[Marty47]

What you need to understand it take a while for this to hit oil price , as insurance start to going up ,also tanker will be more expensive , maybe some sanctions will pop , also a war increase significantly oil demand , if Syria and lebenon , Iraq jump in we will be at 80$ oil soon , for sure oil demand will need min 300000barrel per day ..... give another 2 month maybe April and we will see the