UPSWING IN DEMAND, PRICES BRIGHTENS CANADIAN GAS FUTURE

Rising demand and prices are adding luster to the short and medium term outlook for Canada's natural gas industry. Most industry forecasters expect a steady increase in domestic and export demand into the mid-1990s and beyond. On the downside, Alberta producers experienced deliverability problems during a cold snap in the 1992-93 winter. Depressed prices until mid-1992 reduced producer efforts to connect their shut-in gas. And drilling activity has spawned a shortage of experienced rig

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