Friday, November 20, 2009

Canada set to lose out as gas rebounds - The Globe and Mail

Western Canadian natural gas output began to decline long before the recession hit; it peaked in early 2006, and since has dropped 21 per cent. Even before the miserably low prices of this summer forced many producers to shut down uneconomic wells, the industry wasn't bringing enough new gas on stream to replace what was drying up.

 

 

via Canada set to lose out as gas rebounds – The Globe and Mail.

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