Post by
HARJAY on Oct 08, 2018 10:25am
Nat Gas
Noticed that nobody is talking about Nat Gas . At this morning';s price of $3.279 how does the recent rise in Nat Gas benefit a co. like BXE which has a lot of its production in this commodity.
Comment by
RichyRich$ on Oct 08, 2018 4:53pm
That's crazy it's down 2.0% on the U.S. symbol today. Canadian side not trading due to the holiday. Should be up 10.0% + tomorrow on the TSX.
Comment by
stockfy on Oct 20, 2018 3:21am
AECO and Station 2 are almost $0 these days but this is temporary. There was a pipeline explosion at Prince George that caused the problem. Enbridge announced yesterday that they will fix it in the next 2 weeks, so the issues will be over and natural gas in BC and Alberta will return above $2.
Comment by
stockfy on Oct 20, 2018 3:22am
See the latest official announcement from Enbridge: https://ckpgtoday.ca/article/542878/pipeline-repairs-be-complete-mid-november So things will be OK very soon.