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Canadian Spot Gas Prices Receive Little Help from Tropical Storm Isaac
Aug. 27, 2012 12:40PM PST
Oil and Gas InvestingReuters reported that Tropical Storm Isaac is not bringing up Canadian spot natural gas prices. Instead, high inventories and slack demand have caused prices to slip.
Reuters reported that Tropical Storm Isaac is not bringing up Canadian spot natural gas prices. Instead, high inventories and slack demand have caused prices to slip.
As quoted in the market news:
Spot gas at the AECO storage hub in southeastern Alberta fell 8 Canadian cents from Friday to average C$1.93 a gigajoule. Deals were done between C$1.87 and C$2 a GJ.
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