April 3, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Canada's production of natural gas has become a flash point in the increasing hostile back-and-forth between the U.S. and Canada over U.S. President Donald Trump's tariffs. The U.S. is a net importer of Canadian natural gas, taking in about 5.9 billion cubic feet per day, and its northern neighbor is ramping up for some expansions in the coming months.
Industrial Info is tracking about US$4.7 billion worth of natural gas-production projects that are set to kick off across Canada in the second quarter, more than 80% of which is based in Alberta. Trump has vowed to slap a 10% tariff on Canadian energy imports, which would include the natural gas that flows south into some U.S. states. Canadian leaders have fired back with a variety of responses, with some echoing the "energy independence" rhetoric commonly found in U.S. politics.
Other companies featured: Tourmaline Oil Corporation, Canadian Natural Resources Limited (NYSE:CNQ), Chevron Corporation (NYSE:CVX) and Peyto Exploration and Development Corporation.
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