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‘Nightmare’ Scenario for AECO Bulls as Oversupply, Limited Egress Weigh on Canadian Natural Gas Prices

Natural Gas Intelligence · last updated

A confluence of bearish factors has put downward pressure on natural gas price hubs along the Canada-U.S. border in recent weeks, culminating with negative cash prices at multiple locations in late September.

Natural Gas Intelligence's (NGI) Canada Border Tracker displaying a map and major natural gas hubs with prices. Depicts flow data key for market analyses.

At A Glance:

  • LNG Canada ramp-up lagging expectations
  • Storage facilities full
  • Pipeline outages choke Alberta gas egress

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