Thursday, June 19, 2008

Alberta Natural Gas has Peaked; on its way down!

Trans-Canada Pipelines are seeking federal jurisdiction for approval of a new export pipeline.

Link http://ago.mobile.globeandmail.com/generated/archive/RTGAM/html/20080617/wtranscanstaff0617.html

The approval is nothing new. Any company that operates out of provincial boundaries falls under federal jurisdiction. The pipeline wants to extend beyond Alberta boundaries so, this is federal jurisdiction.

What this interesting article is pointing out is Alberta's Natural gas has peaked; it will now start to diminish. Further Trans-Canada want to export most of it before it runs out.
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