As processing capacity has come online in 2019, natural gas production from the Bakken Shale has been booming, and Western Canada producers stand to lose out as they compete with more molecules seeking markets in the Midwest.
Midwest
Articles from Midwest
Western Canadian NatGas Still Challenged by Growing American Output, NGTL Says
Western Canadian natural gas will continue to face stiff competition from unconventional American production, according to the operator of the supply collection grid in Alberta and British Columbia (BC).
September NatGas Piped into Midwest Said Outweighing Demand
September natural gas pipeline flows into the Midwest have outpaced regional demand from residential, commercial, industrial and power generation combined, according to a Direct Energy executive.
Long-Range Cold Risks Seen; January NatGas Called Higher
January natural gas was set to open about 4 cents higher at around $2.815 Monday, as forecasters were pointing to some potential cold risks in the long-range weather outlook.
NGI The Weekly Gas Market Report
REX Looks to Reload With DJ Output in Competitive NatGas Landscape
After seeing production declines in recent years, the Rockies region often goes overlooked in the North American natural gas supply landscape, overshadowed by the impressive growth in the Marcellus and Utica shales, and the promise of new associated gas output from oil-directed drilling on the Gulf Coast and Midcontinent.
Traders Mulling Supportive Weather, Lean Storage Stats; November Called A Nickel Higher
November natural gas is set to open 5 cents higher Wednesday morning at $2.94 as forecasters expect a round of warm, moist weather to hit important Mid-Atlantic markets. Overnight oil markets eased.
Midwest Warming In Sight; October Called 2 Cents Higher
October natural gas is set to open 2 cents higher Monday morning at $2.98 as overnight weather forecasts turned warmer for the Midwest. Overnight oil markets rose.
Weather Models Move Forecast Heat East; August Called 5 Cents Higher
August natural gas is set to open 5 cents higher Tuesday morning at $2.98 as weather models slide forecast heat in a more easterly direction and storage surplus contraction is back in play. Overnight oil markets fell.
Expiring July Set For Firm Exit; Called 3 Cents Higher
The expiring July natural gas is expected to open 3 cents higher Wednesday morning at $3.06 as traders hone in on new weather data reinforcing warmer trends. Overnight oil markets weakened.
Another Bullish Storage Report Surprise? June Called 3 Cents Higher
June natural gas is expected to open 3 cents higher Thursday morning at $3.22 as traders anticipate a government storage report to show declining inventory surpluses relative to historical averages. Overnight oil markets fell.