Photo: ARC Financial
The price of Western Canadian Natural gas is getting hammered. At one point last Thursday, a gigajoule of natural gas was trading for only $C 0.65 at Alberta’s AECO hub. By the end of the week it had recovered closer to $C 0.92. But that is still incredibly low. The last time the industry realized these price levels was during the 1990s. Read more
Photo: Peter Tertzakian
I pulled into the filling station somewhat reluctantly. It was packed with a parade of cars, SUVs and pickup trucks, each jockeying for their turn to nourish their internal combustion engines with a tank of gasoline. I don’t like waiting. But I did, and after the ordeal I went into the station to buy a cup of coffee. Read more
Photo: Peter Tertzakian
“Exciting!” is not a word that most would use to describe the oil and gas business these days. Not with low commodity prices. And not with the assault on fossil fuels by energy systems powered by renewables. Read more
