Bentek’s Canadian Observer tracks the most prevalent factors impacting Canadian natural gas cash basis

Wednesday, October 24, 2012

Bentek’s Canadian Observer reports Canadian natural gas cash basis this winter is expected to be stronger than last winter. Bullish price signals this month are being driven by a 1-Bcf/d natural gas production decline in West Canada compared to October 2011. Year-over-year demand increases in Alberta, Ontario and Quebec may also support prices if temperatures are colder than last year’s exceptionally warm winter. Bentek reports less production and more demand will tighten the supply/demand balance, forcing prices to remain high enough to support stronger-than-average storage withdrawals through March, 2013. However another warm winter could push prices to all-time lows, adding to record-high storage inventories and affecting imports to major U.S. demand markets.

Bentek’s Canadian Observer strengthens your day-to-day decision making by providing a detailed review of the natural gas fundamentals affecting the Canadian gas market. This report provides supply, demand, storage and pricing data and includes special features with timely, topical analysis.

Key features of Bentek’s Canadian Observer:

• East and West Canadian storage inventory levels, including a daily storage estimate for the Dawn storage complex
• Canadian gas demand by province, including 14-day demand projections and changes to power generation stacks for Alberta and Ontario
• Forward prices and basis for key Canadian and downstream markets such as AECO and Dawn, including supply route economics
• Extensive data on net imports/exports to other regions
• Production by province and the Canadian natural gas rig count

Join Bentek’s complimentary Canadian Observer webinar for a page-by-page review of the report and a Canadian gas market update. Register now.

Date: Nov. 7, 2012
Time: 2:00-3:00 p.m. MST
Host: Andy Tillotson, Bentek Energy Analyst

Bentek’s full line of Observers provides regional coverage of natural gas supply and demand dynamics, price differentials and inflow/outflow analysis for the U.S. and Canada. Please contact Bentek for more information or to request a copy of the Canadian Observer.