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Bullboard - Stock Discussion Forum Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s):  TRMLF

Tourmaline Oil Corp. is a natural gas producer, which is focused on producing natural gas in North America. The Company is focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. It operates in three basins, which include the Alberta Deep Basin, NEBC Montney Gas/Condensate and Peace River Triassic... see more

TSX:TOU - Post Discussion

Tourmaline Oil Corp (Alberta) > NG/NGL demand up
View:
Post by fishcarrier on Jun 27, 2023 12:48pm

NG/NGL demand up

From OilPrice.com this snippet:  U.S. LNG exports are expected to increase, from 10.59 Bcf/d last year, when Freeport LNG was shut down after June 2022, to 12.07 Bcf/d this year, and to 12.73 Bcf/d in 2024, per the Short-Term Energy Outlook (STEO) of the EIA from earlier this month.

Higher natural gas-fired electric power generation was the second most significant factor in gas demand growth in the decade through 2022. Gas replaced a growing number of coal plants and was used more in power generation due to rising demand for air conditioning, the EIA said.

Comment by fishcarrier on Jun 27, 2023 12:49pm
NGL = LNG. Sorry
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