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The Alberta Natural Gas Reference Price is a representative market price for natural gas bought and sold within the province, calculated using a simplified netback model. The Natural Gas Reference Price is a critical input into the valuation of the Crown's royalty volume.
Jun 19, 2024 · Natural gas price. Price of natural gas per gigajoule in Canadian dollars.
- ‘The Power Bill Crisis’
- Friend Or Foe of Energy Development?
- Emissions and Production Caps
- Taxes and Jobs
- ‘Just Transition’ Blame
- “Inflation Crisis”
Notley said under the current UCP government, “most Albertans’ utility bills look more like a mortgage payment.” CMHC data from Q1 2023shows the average mortgage payment for Edmonton was $1,509 and Calgary was $1,615. Some Albertans have come forward to the media with utility bills of as much as $2,700. Smith claimed her opponent “created the power...
Notley’s record on infrastructure development for the energy sectors came under fire during the debate. The UCP leader said her opponent “didn’t stand up” against the cancellation of the Northern Gateway pipeline project, the Energy East pipeline project, or against Bills C-48 and C-69, bills the UCP called the “tanker ban bill” and “no more pipeli...
Smith claimed a shift away from “petroleum products” is the Notley view of the world.” “As long as we keep our energy industry strong, we’re going to keep Alberta’s economy strong,” the UCP leader said. “Ms. Notley won’t do that.” Notley immediately disagreed with that characterization. “I want to create jobs producing energy. I want to create jobs...
On a number of occasions, Smith said the NDP’s policies when they were in government starting in 2015 resulted in “183,000 jobs… lost in the first couple of years.” University of Calgary economist Trevor Tombe said that figure is an “inappropriate use of data.” “That claim is looking at the lowest points in the previous government’s term in terms o...
Smith also claimed, “Where do you think Justin Trudeau got the idea for ‘just transition’ and for an emissions cap and for a carbon tax? He got it from Ms. Notley when she was premier.” The ideas for all three of those concepts have been discussed internationally for years before Trudeau campaigned on those ideas in 2019. At COP 21 in Paris in 2015...
Smith said one of the first things the UCP government did, under former premier Jason Kenney, was to address the “inflation crisis created… by the Liberal-NDP coalition in Ottawa, spending too much money, driving up the cost of everything.” While Canada’s inflation has recently seen rates not seen in 40 years. Bank of Canada numbersshow inflation i...
- Adam Toy
May 24, 2022 · The price of gas can be broken down to four components: the price of crude oil, the cost to refine it into gasoline, the markup from the gas station owner and, of course, taxes.
Mar 26, 2024 · At the average price of US$79.99 or less, Albertans pay the full 13 cents per litre. Between US$80 and US$84.99, a nine-cent tax is added per litre of fuel. Between US$85 and US$89.99, a...
Nov 1, 2021 · Since the fall of 2016, Alberta’s price of natural gas has spent approximately 85% of the time under $3.00/GJ, and 75% of the time priced less than $2.50/GJ. The most recent 5-year average price comes in at $2.42/GJ, which means the recent increase to $3.87/GJ amounts to a 60% price increase.
AECO-C: The AECO-C price, the benchmark for Western Canadian natural gas, decreased 46% from 2022 to an average of Cdn$2.74 per gigajoule (GJ) in 2023. The price decrease was primarily attributed to lower domestic residential and commercial demand and the growth in the natural gas supply.
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