Canada’s service sector looking sickly
Canadian natural gas industry in swoon, thousands of jobs disappearing; high storage levels, U.S. LNG imports part of grim outlook
For Petroleum News
The trickle-down effect has turned into a cascade, swamping some of the smaller Canadian oil and gas service and supply companies, especially those who overreached during the natural gas boom times of two years ago and are now reeling from a prolonged slump.
Barely 40 percent of the publicly traded....
[additional news subjects in this story]
Smaller companies hardest hit
Canada can’t match LNG prices
Gas inventories near glut
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