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Energy, Materials, and Utilities

U.S. Natural Gas Production Is Also a Game-Changer for Canada

Canada needs to find new partners after finding no end users for its massive supply of natural gas.

This segment is from Tuesday's edition of "Digging for Value," in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy and materials sectors, @TMFEnergy.

Canada's symbiotic energy relationship with the United States is becoming one-sided, as natural gas imports are coming to a halt, leaving Canada with a supply glut and no end users to sell to. A joint venture between Apache (NYSE: APA) and Chevron (NYSE: CVX) to export liquefied natural gas out of a proposed Kitimat LNG facility will help Canada target high-priced Asian markets. The time is nigh for finding new energy partners, as the exponential hydrocarbon growth in the United States is leaving Canada in a pinch. See more in the following video.

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Alison Southwick, Joel South, and Taylor Muckerman have no position in any stocks mentioned. The Motley Fool recommends Chevron. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Energy, Materials, and Utilities
Joel South Joel South Fool Contributor

Joel is an energy and materials analyst for The Motley Fool. He is also a graduate of the University of Washington and a co-host of "Digging for Value". Be sure to follow The Motley Fool's energy and materials Twitter for all your energy and materials coverage.