This report offers a detailed five-year forecast of Canada’s Gas Extraction Industry.
Canada’s Gas Extraction Industry: Industrial Outlook Winter 2010
Canada’s Gas Extraction Industry: Industrial Outlook Winter 2010
Industry Economic Analysis
$1,250.00
- Inventories—Despite recent withdrawals, North American inventories remain well above historical norms. This keeps prospects for near-term price growth limited.
- Production—With such low prices, natural gas drilling will not rebound this year, putting at risk future production. Furthermore, the initial productivity of wells continues to fall, posing further challenges for the industry.
- U.S. Market—As natural gas prices move higher in the medium term, electrical generation in the U.S. could move further toward coal-fired electrical generation, potentially reducing the need for imported Canadian gas.
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