3. Lastly, the impact of current oil price increases on North American natural gas competitiveness cannot be discounted. Without necessarily increasing natural gas consumption in the medium and long term, improving the competitiveness of natural gas prices in North America helps maintain current consumption levels and strengthens its position with respect to other forms of energy that are more sensitive to international fluctuations.
For a detailed review of the natural gas market, please see the
February 2022 Express Blue Bulletin.