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Western Canada Gas Producers Slash Output Amid Price Plunge

9/27/2025

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Summary

Story summary

Western Canada natural gas producers cut output to address a glut; Alberta Energy Company spot prices averaged -5¢/MMbtu and hit -18¢.
Analysts expect price pressure from pipeline congestion due to rising production in Alberta and British Columbia.
Producers face a choice between shutting in wells or paying transportation costs, while TC Energy bottlenecks trap supply and storage remains high.

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Story summary

Western Canada natural gas producers cut output to address a glut; Alberta Energy Company spot prices averaged -5¢/MMbtu and hit -18¢.
Analysts expect price pressure from pipeline congestion due to rising production in Alberta and British Columbia.
Producers face a choice between shutting in wells or paying transportation costs, while TC Energy bottlenecks trap supply and storage remains high.