Covid-19 Could Cause Major Boom in LNG Predicting a huge increase in standard of living boom in these countries that have little no health regulations. Which means more refrigation, air conditioners, fertilizers, cleaning products ect.. Huge benefit for the Natural Gas industry in the coming years.
This could be the last time Crew Energy will be cheap. 3.5 years away from 2024 and they're already paying off their debt. They keep drilling in the UCR area and with 191 hz wells drilled they're only producing at most 24000 boe/d. They have a lot of wells shut in. This company is ready to take off.
Cedar LNG is another project that will feed off of the Coastal Gas Link Pipeline. That Cedar LNG is a huge reconciliation project for the Kitimat area. 2023 is when Coastal Gas link, Cedar and LNG Canada are operatonal.