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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.
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.
Jun 19, 2024 · Natural gas price. Price of natural gas per gigajoule in Canadian dollars. On this page: Alberta API.
Apr 1, 2024 · The Alberta government fully reinstated its fuel tax — an increase of four cents per litre. The 13-cents-per-litre tax was suspended for 2023 and partially reinstated in January 2024.
Jun 28, 2024 · Unit price averages. Alberta Transportation and Economic Corridors maintains a record of unit prices. The report is based on the cumulative average of the prices from the 3 lowest bids on recent tenders, weighted by bid.
Apr 4, 2023 · While gas prices surged to almost $1.90 per litre last summer in the Edmonton area, an industry expert thinks prices will likely remain lower this year as global oil prices stabilize.
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The following chart shows the current and future market prices for deliveries in Alberta for the next several years. The market is said to be in “contango” if futures (or forward prices) are higher than spot (current) prices.
