RE:RE:RE:Kelt Value - $8.70 to $9.70 Year End?Ideally LNG Canada just puts a floor under AECO and minimizes these sub $1/mmbtu days. The gas will be flowing the other direction avoiding whatever bottlenecks/maintenance going south and east. I'm not expecting a miracle from LNG Canada since it seems like every E&P has a major growth project coming online 'to coincide....
Also hoping that as processing capacity comes online they are able to optimize their production mix by prioritizing highest margin production. 2024 is another lost year between low priced, unhedged NG production and processing constraints.
Entirely armchair quarterbacking this one, but everyone being constructive on 2025 natural gas prices makes me wary.