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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

Baytex Energy Corp > Democrats/republicans
View:
Post by jmaan on Sep 04, 2024 5:40pm

Democrats/republicans

So if we have Trump win and his drill baby drill... would thst not just be a glut of oil on the market? Or these Democrats which basically hate oil? It's like pick your poison!
Comment by barneyj44 on Sep 04, 2024 6:11pm
Drill baby drill is Trump rhetoric.  The Biden administration has produced as much oil as Trump did when he was in office.  Oil companies are out to make profits for share holders not appease the Government of the day.
Comment by IainCaimbeul on Sep 04, 2024 8:14pm
Classic mistake: no admistration produces oil; oil companies do, administrations can set a positive or hostile environment, dems/libs have produced a hostile one and will continue to do so if allowed but nevertheless the world needs oil, so there ya go. A basic grasp of economics would inform you about  lead and lag wrt any administration's policies. Administrations take credit for ...more  
Comment by robert41 on Sep 04, 2024 8:50pm
Come on Jmaan think your post thru a bit before you post.
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