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Re: huesos post# 17627

Monday, 10/04/2021 4:31:40 PM

Monday, October 04, 2021 4:31:40 PM

Post# of 17737
worldwide natural gas prices are soaring to the $30/mcf range. CNQ is a big gas producer. However Canada has not built much LNG export capacity so not sure CNQ is going to benefit from world prices. US prices have risen to $6/mcf due to the worldwide shortages but even there our export capacity is almost maxed out so we can't just sell more at $30/mcf. Most export LNG deals have set pricing due to oil link or some other fixed mechanism.

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