Thursday, December 1, 2016

Alberta Natural Gas Production and Storage: NOV 16

With November behind us, a look at the changing dynamics of Western Canada natural gas production and storage on the TC Nova system indicates that production growth has stalled (likely due to maintenance near end of month), and storage withdrawals have increased in the latter half of the month, now averaging 1BCFD for the last 8 days, which is well above last year, despite low electric generation demand and high renewables output in the western US.