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 (APA 1.99%) and Chevron (CVX 0.89%) 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.