CALGARY, March 31, 2014 /CNW/ - Today the National Energy Board (NEB or
the Board) released a new energy market assessment entitled Canadian Energy Dynamics: 2013. The assessment provides an overview of key elements in Canada's energy
markets, and how these elements changed in 2013.
The energy sector in Canada is dynamic and continually being shaped by
new sources of supply, changing demand, and integrated infrastructure
development. Important developments in Canadian energy markets in 2013
included increased crude oil production, natural gas supply shifting
from west to east, and increasing availability of natural gas liquids.
Similarly, continuing trends in electricity fuel sources, oil and gas
production in Canada's North, and exploration in offshore fields are
influencing Canada's energy supply. The Canadian Energy Dynamics report provides insight, statistics and regional descriptions that frame these
developments over the last year.
The National Energy Board is an independent federal regulator of several
parts of Canada's energy industry with the safety of Canadians and
protection of the environment as its top priority. Its purpose is to
regulate pipelines, energy development and trade in the Canadian public
interest. In support of its regulatory role, the Board actively
monitors energy markets and produces neutral, fact-based energy
information for Canadians.
SOURCE: National Energy Board
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