Gas exports to U.S. to fall by half, oil exports to rise

摘要

The United States will need 50 per cent less Canadian natural gas by 2018, leaving western Canadian gas prices depressed until LNG exports begin, a consultant said. Some of the gas that would have gone to the United States will fuel projected increases in oilsands production, which will boost Canadian oil exports to the United States by about a million barrels per day in the same period, said Rusty Braziel, whose Houston-based consultancy is called RBN Energy, LLC.