July 29, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Canada's prime minister convened a response group to discuss the Alberta wildfires, though it was low natural gas prices that prompted energy company Pieridae Energy (Calgary, Alberta) to shut in some production. Pieridae said Thursday it would shut-in 6,250 barrels of oil equivalent per day (boe/d) that goes to third parties. The company said low prices at the AECO storage hub in Alberta, to which the benchmark for Canadian natural gas is pegged, made production of sour gas uneconomical.
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