Quote:
Originally Posted by Phaneuf3
until the middle east is further destabilized by the americans invading iran.
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Oil prices yes, gas prices no. While high oil prices are good for Alberta, high gas prices are just as important. US lower 48 production of Natural gas is actually increasing due to new fit-for purpose rigs in the unconventional sector. Combine that with a mild winter, a possible US recession, and LNG imports serving as a psuedo-cap on prices and this could get ugly.