Thorn

A perpetual thorn in the side of Canadian gas, oil, pipeline and power development and major stumbling block to the Mackenzie mega-Pipeline project has been pared down to a manageable issue by a landmark native rights decision from the Supreme Court of Canada.

While price volatility challenges everyone in the gas industry, unpredictable basis differentials and a dearth of basis hedging mechanisms have become a thorn in the side of producers especially.