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Canadian gas producers are returning to modest growth, but executives say activity will not ramp up at current prices and need a West Coast LNG industry for new export markets. Tourmaline's CEO said drilling would rise if gas prices climbed 30 to 50 cents.
Canadian gas drilling response depends on prices and LNG export access, which shapes future North American supply and gas costs for feed processors.
financialpost.comClaudia CattaneoApr 12, 2017After 37 past neutral macro events, Natural Gas moved a median -0.1% over 5 sessions (49% higher; middle half -4.2% to +12.9%), and -1.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
