Envy instead of glee was the dominant mood among Canadian producers as Alberta natural gas failed to take off when international oil prices shot up into the $100-a-barrel-plus stratosphere.
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Articles from Glee
Benefits of Oil’s Spike Largely Lost to Canadian Producers
Envy instead of glee was the dominant mood among Canadian producers as Alberta natural gas failed to take off when international oil prices shot up into the $100-a-barrel-plus stratosphere.
High Prices Put a Damper On Industrial Demand
Gas producers must be wringing their hands in glee as futuresprices topped $4.50/MMBtu on Friday, but some of their customersclearly are a little less than overjoyed. High gas prices areforcing some fertilizer producers to consider shutting down theirplants and selling their feedstock on the open market just to makeends meet.
High Prices Put a Damper on Industrial Demand
Gas producers must be wringing their hands in glee as futuresprices top $4.45/MMBtu, but some of their customers clearly are alittle less than overjoyed. High gas prices are forcing somefertilizer producers to consider shutting down their plants andselling their feedstock on the open market just to make ends meet.