Here is an article predicting significant decline in NG imports from Canada in the next two years.
http://www.financialsense.com/editorials/powers/2010/0421.html
I am not familiar with this author so I have no impression about his accuracy. One thing he seems to do is equate his expected drop in Canadian production with a reduction in export to the US. Is that an accurate assumption? Has anyone seen other confirmation of such predictions?
Excerpt:
"Declines in Canadian natural gas imports to the US over the next two years will be nearly equal to halting production from America’s biggest field, the Barnett Shale. I expect that the drop in Canadian imports will push natural gas prices into the double-digits by mid-2011 if not sooner."
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Permalink Reply by little ole 1st grade teacher on April 26, 2010 at 10:12 8 members
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