Canadian natural gas demand reached a record 18.45 Bcf on February 4, 2025 (blue arrow and text in chart below) as colder than average winter temperatures enveloped Canada from coast-to-coast. Based on data from RBN’s Canadian NatGas Billboard the latest record breaker inched just ahead of the previous high of 18.35 Bcf set on January 15, 2024 (brown arrow and text). The new high was not a result of any individual province setting a one-day demand record — although a few have come close this heating season — but rather a combination of very strong gas demand across all provinces.
Featured Articles
- Analyst Insight
Peak of February Cold Snap Sets New Canadian Gas Demand Record
Canadian gas demand posted a new high north of 19 Bcf on February 18, smashing away the previous record set just two weeks earlier.
- Analyst Insight
February Cold Pushes Strong Withdrawals from Alberta and Ontario Gas Storage
Gas storage levels in Alberta and Ontario are experiencing strong simultaneous withdrawals as cold weather in both regions, and elevated gas power burn in Ontario have stoked gas demand.
- Blog
Out of This World – Latest Cold Blast Sets New Records for the Canadian Gas Market
In a part of the world where enduring a cold winter is often seen as a badge of honor, the latest cold blast that descended on Canada just before Christmas — and during Christmas in the U.S. — was another one for the natural gas record books. By almost every measure, the recent frigid temperatures, though not long-lasting, set new Canadian records for daily demand, storage withdrawals, and net exports to the U.S., and went well beyond the records set during Winter Storm Uri in February 2021. In today’s RBN blog, we delve into the latest record-busting Canadian gas data.
