Best of times, worst of times for Canadian natural gasWith rising prices, falling supplies all over country, Alberta regulator shuts in gas wells in favor of bitumen; producers say action that of a “banana republic” Gary Park PNA Contributing Canadian Correspondent
Natural gas is on an apparent collision course in Western Canada as prices hover near benchmark highs while supply shortfalls set off alarm bells.
Spot prices at the wellhead have rallied more than 50 percent in the last year to reach about C$3.70 per thousand cubic feet and most analysts forecast....
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Gas reserves down to less than 11 years Regulator shuts in oil sands
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