Canadian Personal Finance Blog

Personal Finances and Consumer Concerns, essays, stories, examples and how to articles with a distinctly Canadian Point of View
May 24th, 2007

Natural Gas Usage Down at Home but Up in Industries

So Stats Canada puts out a lot of data (I like reading most of it, is of little importance, but others are interesting if you read between the lines).

One of the more interesting stats is monthly uses of Natural Gas, and last month the year over year numbers showed a drop in residential usage (by 1.4%) and Commercial usage is down as well, however direct and industrial usage is up a whopping 15%, which is very worrisome. Who is using all this Natural Gas?

Could be electric power plants for one, but my suspicion is the Tar Sands folks as well (I assume my readers in the know will correct me if I am wrong), but there has been a lot of chatter about the extraction of oil from the tar sands using a very large amount of Natural Gas as well (I don’t know, this is just conjecture on my part for now). Think I’ll go see if this is true.

I am also slowed down by a nasty chest cold, but hopefully we’ll start my analysis of why my wife is worth-less (in the eyes of the government). I know I am going to pay for that sentence, but sometimes controversy is fun (ok when my wife punches me in the arm, it won’t be as much fun).

More on this topic (What's this?)
Could Natural Gas Go to $4/MMBtu?
"Turns Dry Wells into Profits"
Are Natural Gas Stocks Ready to Rebound?
Read more on Natural Gas Prices, Tar Sands at Wikinvest

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3 Responses to “Natural Gas Usage Down at Home but Up in Industries”

  1. “when my wife punches me in the arm, it won’t be as much fun”

    Just be happy she’s not the tax man, and that you’re not Rick Mercer!!!
    ;-)

    David

  2. Big Cajun Man Says:
    May 25th, 2007 at 2:39 am

    Touche!!!! and OUCH!

    -c8j

  3. I just hope that we will have enough natural gas to live for another 200 yrs if not, I hope that someone will find a way out :)

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