2020 Gas Outlook • Market Fundamenatals
March 23, 2020/
The technological renaissance that unlocked gas and oil from shale has gifted North America with a vast energy resource. (See Figures S1-S4 for current North American shale plays, production growth since 2000 and projected long-term supply through 2040.)
The Pacific Northwest is located adjacent to two prolific producing regions: The Western Canada Sedimentary Basin spanning British Columbia (BC) and Alberta, and the U.S. Rocky Mountain states (see Figure S5). More than two-thirds of the natural gas consumed in the region is sourced from Canada.
The supply optionality resulting from our connection to these basins is shown in Figure S6.
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