Canada's Dependence on US Natural Gas Sparks Concern Amid Trade Tensions
Canada's reliance on imported natural gas from the United States has become a strategic vulnerability amid rising trade tensions, according to experts.
Roughly two-thirds of Ontario and Quebec's natural gas comes from the Marcellus and Utica formations in Pennsylvania, Ohio, and West Virginia.
Dulles Wang, a Calgary-based director with Wood Mackenzie's natural gas and LNG research team, notes that this was not always the case: 'And it didn't use to be this way.'
For years, importing American gas made economic sense due to its proximity and lower transportation costs compared to Alberta's major producing fields.
However, with President Trump waging an 'economic war' against Canada, some politicians and industry leaders are now seeing the status quo as unacceptable.