We’ve watched the level of natural gas production in Western Canada drop over the past several years. This is due primarily to an increase in shale gas activity in the United States and a lack of market access within and outside of Canada. As it stands, the number of natural gas wells drilled in Canada declined 44% from 2017 to 2018, or from 1,592 wells to 883. Because of this, prices have dropped, as have capital investment, activity and employment levels.
And while these challenges don’t bode well for the natural gas industry or the jobs it creates, there is hope with liquifi... Continue reading