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Issue 42 – Are Soaring Natural Gas Prices a Threat to the Global Economy?

While many Canadians think of natural gas (‘natgas’) as a fuel used to heat our homes during our harsh winters, there is much more to the story. In Canada, natgas is also used to drive gas-powered turbines for electricity generation, fuel natgas powered vehicles, and for commercial uses including fertilizer production, heating water, cooking and cooling.

 

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By Charles Marleau CIM® and William Mitchell CIM®

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By Charles Marleau CIM® and William Mitchell CIM®

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