Alberta natural gas producers losing -$6.6B USD/year

 In Daily Hot Topics - Natural Gas

Alberta natural gas differentials are also distressed, but you seldom hear about it;

  • Alberta AECO differentials in 2014-2015 averaged -$0.40 MMBtu
  • Differentials since 2016 have averaged -$1.37 MMBtu
  • Q4 2018 to date differentials have averaged -$2.50 MMBtu

This works out to a wealth transfer of $6.6 billion USD/year from Alberta producers to pipeline shippers and consumers.

Alberta needs to fix both crude and natural gas, not just crude.

– Mike Reed

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