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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In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42
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