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Better pricing has natural gas sector feeling optimistic - Medicine Hat NewsMedicine Hat News

Better pricing has natural gas sector feeling optimistic Poll Too strict The mood among natural gas producers in the province is greatly improved, says the head of one major company with operations in southeast Alberta, as better pricing from last year carries into 2021. But that’s after a rough few years of depressed prices, cost cutting and severe contraction and bankruptcies in the sector. However, Phil Hodge at Pinecliff Energy says companies like his and others, which survived gas prices plummeting to historic lows two years ago, are more stable heading forward. “(Pricing environment in 2020) was way better than 2019, but that was the low point,” said Hodge, whose company has major dry gas operations in the southeast corner and southwest Saskatchewan.

City scrubs power sale option - Medicine Hat NewsMedicine Hat News

City scrubs power sale option Poll Yes A sale will not be considered as part of a current review of the City of Medicine Hat’s power plant, according to a statement from Mayor Ted Clugston and senior officials on Monday afternoon. Last month the utility department announced it was conducting a strategic review to determine the potential effect of growing renewable supply on its export sales of gas-fired power. However, the inclusion of a potential sale of the municipally owned power plant or partnership between a new private sector owner and the city-retained distribution company became a lightning rod of controversy.

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