When Will Canada’s AECO NatGas Prices Find Support?

About this episode

The episode discusses the challenges facing Canada's AECO natural gas prices amid record production and rising storage levels.

Western Canada is currently a land of stark contrasts: record natural gas production on one side, and a mountain of natural gas with nowhere to go on the other. As AECO basis remains wide, and storage levels continue to climb, the Canadian natural gas market is bracing for a summer that looks increasingly volatile for local producers. In this episode of NGI’s Hub & Flow, Martin King, managing director North America at RBN Energy joins the podcast to dissect the structural gridlock currently defining AECO pricing. The discussion dives into why the market may be too optimistic about the coming months, the likelihood of prices slipping even more before the heating season, and how Shell’s acquisition of ARC Resources signals a “vote of confidence” in the basin despite the immediate price pain.

People in this episode

Guest: Martin King

Topics covered

• natural gas production
• AECO pricing
• market volatility
• Canadian natural gas market
• Shell acquisition
• ARC Resources

Keywords

• AECO
• natural gas
• Canada
• market volatility
• Shell
• ARC Resources
• pricing
• production

Mentioned in this episode

Organizations: RBN Energy, Shell, ARC Resources

Places: Canada, Western Canada, AECO

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