Despite soaring global demand for natural gas, Canadian producers are struggling with volatile prices and deep discounts at Alberta’s AECO hub, one of the largest storage facilities in North America and where the benchmark price for Canadian gas is set. In August the spot AECO price briefly turned negative, and this week producers Tourmaline Oil (TOU.TO) and Kelt Exploration Ltd (KEL.TO) said they temporarily cut production due to weak prices. read more WHY ARE AECO PRICES LOW? Canadian producers have been struggling with volatile pricing for years because of tight capacity on pipelines shipping gas from Alberta and British Columbia to North American markets. The problem tends to worsen every summer when pipeline maintenance work reduces capacity. The main […]