Winter is coming — and that could be good news for Alberta's natural gas sector - News Summed Up

Winter is coming — and that could be good news for Alberta's natural gas sector


Amid a tumultuous stretch for Alberta's oil and gas industry, there's hope around the sector that the arrival of winter could bring some stability for natural gas producers. At the same time, some expect U.S. exports of liquefied natural gas to places like China to pick back up. (Kyle Bakx/CBC)Currently, however, natural gas prices are relatively soft in North America. "And so that's really what's been causing ... both weak and volatile natural gas prices." "We've obviously survived some fairly terrible gas markets here for the last few years that has really just decimated the natural gas industry in western Canada," he said.


Source: CBC News October 11, 2020 07:52 UTC



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