• 4 mintues Texas forced to have rolling brown outs. Not from downed power line , but because the wind energy turbines are frozen.
  • 7 minutes Forecasts for oil stocks.
  • 9 minutes Biden's $2 trillion Plan for Insfrastructure and Jobs
  • 13 minutes European gas market to 2040 according to Platts Analitics
  • 21 hours America's pandemic dead deserve accountability after Birx disclosure
  • 5 hours Fukushima
  • 10 hours CO2 Mitigation on Earth and Magnesium Civilization on Mars – Just Add Water
  • 13 hours Simple question: What is the expected impact in electricity Demand when EV deployment exceeds 10%
  • 1 min U.S. Presidential Elections Status - Electoral Votes
  • 18 hours Biden about to face first real test. Russia building up military on Ukraine border.
  • 4 days U.S. and Chinese investors to buy Saudi pipelines , $10 Billion deal.
  • 8 hours New Chinese Coal Plants Equal All those in U.S.A
  • 56 mins Today Biden calls for Summit with Putin. Will Joe apologize to Putin for calling him a "Killer" ?
  • 3 days Does .001 of Atmosphere Control Earth's Climate?!
  • 2 days The coming Cyber Attack
  • 4 days NG spot prices hit triple digits for weekend delivery
  • 2 days Oh the Dems!!! They cheer for helping people while stabbing them in the back!!! Enbridge asks Canadian government to support oil pipeline in dispute with Michigan
3 Gold Stocks to Watch This Summer

3 Gold Stocks to Watch This Summer

While demand for gold bullion…

Two Reasons Why Gasoline Prices Are Soaring

Two Reasons Why Gasoline Prices Are Soaring

Gasoline prices are set to…

U.S. Imports Of Canada’s Natural Gas Drop As Prices Jump

U.S. imports of natural gas from Alberta to the western United States have dropped in recent months due to higher natural gas spot prices at the Alberta trading hub than at the U.S. benchmark Henry Hub, the U.S. Energy Information Administration (EIA) said on Friday.

In April and May 2020, natural gas spot prices at the NOVA/AECO-C (AECO) trading hub in Alberta increased, while natural gas prices elsewhere, including at Henry Hub, dropped, due to the weak demand in the lockdowns.

Prices at the AECO hub in Canada have reflected in recent years regulatory changes to the Western Canadian pipeline operations, according to the EIA.

Several operational changes in Western Canada’s natural gas pipeline system, coupled with narrower spreads in the U.S.-Canada natural gas spot prices, have led to lower volumes of Canadian gas being exported to the

United States, especially at border crossings in Montana and North Dakota, the EIA said. Natural gas imports in Montana and North Dakota in the first five months of 2020 averaged 0.4 billion cubic feet per day (Bcf/d) and 0.3 Bcf/d less, respectively, compared with the first five months of 2019, the administration has estimated.

According to Genscape pipeline flow estimates cited by the EIA, U.S. imports of gas at the U.S.-Canada border crossings in the western United States have dropped to an estimated average of 6.2 Bcf/d in April and 6.3 Bcf/d in May 2020. Pipeline imports into Minnesota, North Dakota, Montana, Idaho, and Washington account for most U.S. natural gas imports and tend to be less seasonal than imports by pipeline in the eastern United States.  

In its latest Short-Term Energy Outlook (STEO) in June, the EIA expects U.S. pipeline imports of natural gas—more than 99 percent of which come from Canada—to decline to 7.0 Bcf/d this year from 7.4 Bcf/d in 2019, before rising to 7.9 Bcf/d next year.  

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News