Directional impact on forecast:
Bearish on gas prices in western Canada
A combination of maintenance issues and rising output from the Western Canadian Sedimentary Basin (WCSB) has caused gas prices in western Canada to collapse to unprecedented levels. Gas producers in Canada’s west are temporarily shutting down production because of a lack of pipeline capacity to transport the fuel to other regions. However, prices are expected to remain under pressure even after the maintenance ends.
Major maintenance and expansion work is taking place on TransCanada’s...
Log in or register for a free trial to continue reading this article
Not a subscriber?
To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.Sign up