Westcoast Station 2

Canadian Natural Gas Production Holds Strong, on Track for Record Year Despite Price Weakness

Canadian Natural Gas Production Holds Strong, on Track for Record Year Despite Price Weakness

Natural gas production held near all-time highs through the first quarter in Canada, even as prices slumped following a mild winter that left supplies in storage at robust levels. That’s because producers are looking beyond near-term weakness and toward an anticipated jump in export demand, according to analysts. LNG Canada is slated to begin operations…

April 17, 2024
Abundant Western Canadian Natural Gas Supplies Support Seismic Pacific Storage Rebound

Abundant Western Canadian Natural Gas Supplies Support Seismic Pacific Storage Rebound

Natural gas production in Canada proved robust through the past winter, even as heating demand waned in the back half of the season. Supplies in storage swelled and prices dropped as a result, mirroring and compounding conditions in the United States.  Related U.S. challenges include elevated supplies in the Pacific region, due in part to…

March 27, 2024