All knotted up
As Canadian gas production slips, exports to the United States are
Western Canadian natural gas production enjoyed historic highs throughout the early years of the last decade and, not surprisingly, gross export volumes to the United States followed in kind. Exports peaked in 2007 at just over 10.4 billion cubic feet (bcf) a day, but then followed production declines. Analysts now expect that downward trajectory to continue even if gas production makes a comeback. The reasons are anything but simple.
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