Natural gas consumption for power generation (“power burn”) in Canada’s most populous province of Ontario has recorded record seasonal highs since mid-September (green dashed rectangle in chart below) and not far below summer peaks when power load is at its highest because of air conditioning loads. As discussed in RBN’s Canadian NatGas Billboard, September, October and November-to-date average power burn have set records for each respective month with expectations of elevated burn to at least the end of the year.
Featured Articles
- Analyst Insight
Ontario Gas Storage in Good Shape for Start of the Heating Season
Ontario gas storage has nicely recovered since the summer to stand just a few Bcf below last year's levels and well stocked ahead of the heating season.
- Analyst Insight
Shiver and Suffer – Canada and Ontario Set Single Day Gas Demand Records with Latest Arctic Blast
Canada and Ontario set individual day gas demand records on January 24 and January 25, respectively. Yeah, it was cold.
- Blog
Turn Around – By Balancing Risks and Rewards, Refiners Can Profit from a Well-Executed Turnaround
Regularly scheduled refinery turnarounds are one the most important (and expensive) activities of any refiner. Today, we look at what happens during a typical turnaround, the ways refiners seek to manage their risk, and the biggest potential payoffs that come with a well-executed project.
