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Alberta spot gas pricescalgaryherald
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73% Informative
Alberta gas prices have been mired in a miserable slump this year , coming off warmer-than-normal winter weather last year .
Inventory levels in the region have been running close to maximum and industry experts wonder how much more capacity is available for putting additional gas into storage before the winter heating season arrives.
Alberta spot gas prices traded at just five cents on Sept. 27 and were stuck below $ 1 per gigajoule between July and last week .
LNG Canada said it remains on track to deliver its first LNG cargoes by the middle of next year .
Short-term solution for companies may be to hunker down and wait for colder winter weather to drive more consumption.
A report released Tuesday by the U.S. Energy Information Administration projected benchmark gas prices south of the border will increase next year and average US$ 3.10 per million British thermal units.
VR Score
78
Informative language
77
Neutral language
68
Article tone
semi-formal
Language
English
Language complexity
51
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
5