# Alberta wildfires shut in gas production, hiking prices, slashing exports

> Wildfires across Alberta shut in gas production and processing plants, cutting Canadian output by about 2.6 Bcf/d versus the April average. Exports to the US fell to 3.9 Bcf/d, down 25%. At least 100 active fires and several producer curtailments were reported.

- Date: 2023-05-10 · published 2023-05-10T12:00:00.000Z
- Category: weather · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/36126-alberta-wildfires-shut-in-gas-production-hiking-prices-slashing-exports
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lower Canadian supply to the US tightens North American gas and pushes up prices, raising energy and fertilizer costs for feed producers.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2023-04-17 | [Nat-Gas Prices Surge on Cold U.S. Temps and Record LNG Exports](https://feedsoft.ai/events/36595-nat-gas-prices-surge-on-cold-u-s-temps-and-record-lng-exports.md) | +11.5% | +6.5% |
| NATGAS | 2019-03-01 | [Gas Prices Explode in U.S. Northwest as Temperatures Plunge](https://feedsoft.ai/events/7994-gas-prices-explode-in-u-s-northwest-as-temperatures-plunge.md) | +1.1% | -5.3% |
| NATGAS | 2018-01-02 | [It’s so cold in Alberta natural gas wells are freezing up,  sending prices soaring 72% \| Financial Post](https://feedsoft.ai/events/4676-it-s-so-cold-in-alberta-natural-gas-wells-are-freezing-up-sending-prices.md) | -13.3% | +2.7% |
| NATGAS | 2021-02-25 | [Natural Gas Production in Texas Dropped 45% Amid Historic Freeze](https://feedsoft.ai/events/48846-natural-gas-production-in-texas-dropped-45-amid-historic-freeze.md) | +0.4% | -10.2% |
| NATGAS | 2018-01-02 | [Cold chills U.S. shale gas production as heating demand jumps](https://feedsoft.ai/events/4670-cold-chills-u-s-shale-gas-production-as-heating-demand-jumps.md) | -13.3% | +2.7% |

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/natural-gas/051023-alberta-wildfires-shut-in-gas-production-hiking-prices-slashing-exports

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.