Gas storage in the Western Canadian province of Alberta, the region in Canada with the greatest amount of storage capacity, fell to 471 Bcf as of December 23 (blue line and text in chart below). Based on data from RBN’s Canadian NatGas Billboard, this latest reading is just 6 Bcf less than last year and a plentiful 76 Bcf higher than the five-year average. The year-on-year deficit is the first for the current heating season after a very mild November which has since transitioned to several weeks of below average temperatures to date in December.
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- Analyst Insight
Alberta Gas Storage Records Rare January Net Injection
Alberta natural gas storage recorded an net injection on January 12, a rare event during January, and symptomatic of robust wellhead supplies and very moderate weather at present.
- Analyst Insight
Alberta Gas Storage at Record Levels on Eve of Heating Season
Alberta gas storage is at a record level for this time of year and should trend to a new record for the end of October and the start of the heating season
- Analyst Insight
Cold Start to Heating Season Sends Ontario Gas Storage Below Five-Year Average
Central Canada is off to its coldest start to the heating season in 25 years with high gas demand pulling gas storage well the the five-year range.
