Canada Natural Gas Slipped 30% This Year on Shale Gas Glut
Bloomberg Businessweek
Canadian natural gas fell, bringing its annual decline to 30 percent, amid a continuing glut of the fuel caused by new supplies from shale gas formation and mild U.S. weather. “We’re waiting for something to re-enter the market and balance things out on the demand side,” said Eric Bickel, a natural gas analyst with Summit Energy Services in Louisville, Kentucky.
