Daily Infographic: Alberta Wildfires Reduced Natural Gas Demand And Prices In Canada

The wildfires in Alberta near oilsands operations led to low consumption of natural gas, which is used in oilsands operations, and all-time lows in Canadian natural gas prices. Reports estimated consumption of natural gas in Alberta fell by close to 25 per cent. While Canadian spot prices rose in the early days of the fires last week, these declines in consumption pushed prices to record lows.


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