Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, July 19, 2012

A "Shocking" Shut-in Scenario for Canadian Natural Gas

A "Shocking" Shut-in Scenario for Canadian Natural Gas

Canada is full of natural gas. The country's gas storage market is near capacity, in fact -- much earlier than normal in the current gas injection season.One scenario -- which no one wants -- has storage completely filling up... something that has never happened before.  What would happen to the price of natural gas in Canada, and who's most vulnerable in this scenario?In the U.S., analysts are talking about theoretical full storage just before withdrawal season starts.  In Canada, though, the issue is much more pressing—still hypothetical,…Read more...

No comments:

Post a Comment