The Oil Drum: Canada | Easy Come, Easy Go..

41 comments on Easy Come, Easy Go..

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Nate Hagens on August 1, 2007 - 6:39pm

I can see why canadian production might decline after 2015 - but why will canadian consumption drop so much then??
Or is that demand destruction DUE to lower production??

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prudentrver on August 1, 2007 - 9:24pm

Being from the USA, I am pleased to be assured that our supply of NatGas from Canada is assured past 2020. ;=) - I'm joking.

If I were from Canada, I would immediately begin investigating what kind of deal has been made to cut NatGas consumption in the country by 1300 BCF/yr so that it can be exported to the US. Seems to me that's the only way the demand destruction could be DUE to lower production.

However, my wife suggests that maybe they expect global warming will reduce the need for NatGas in Canada by that amount by that time. Go figure.

Sam Penny
the Prudent RVer

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porsena on August 1, 2007 - 11:11pm

NRCan tabulated the data in five-year increments. I do apologise but, on checking, I found I'd pulled a number from the wrong line into my table as the Canadian consumption in 2020. One day I'll learn that when things don't look right they probably aren't. The revised (and hopefully correct) graph is posted below. Although it appears that consumption has been straight-lined from 2005, there are demand differences in individual sectors. Some go up while a few go down.