9/21: Canada NatGas Prices Up From Sub-Basement

Off life support and in the intensive care is the best description for Canadian natural gas prices of late. Some supply hiccups, improved pipeline access and seasonably cooler weather have all combined to pull prices out of the sub-basement in the past week. Read more in RBN's NatGas Canada Report.

Report Highlights:

  • Natural gas prices have risen in the past week on supply hiccups, improved pipeline access, and increased regional demand.
  • Every month this year has seen natural gas net exports outperform compared with last year, thanks to strong U.S. demand, lower-than-average storage levels, and cheap Canadian gas.
  • Two potential LNG export projects recently applied for an extension to the final date by which they must begin exports, with one extension being granted and the other pending.

 

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