The US and Canada will remain vulnerable to gas supply problems during the 2017-2018 withdrawal season.
Both countries entered the withdrawal season in November with their gas stocks down on an annual basis. Temperatures in the US are forecast to remain below average this winter. Combined with continued falls in the country’s gas output, this means key US demand centres will be susceptible to supply tightness during the season. This will have a knock-on effect in regions of Canada that depend on the US for their gas supply.