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Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

20 Recoverable TCF of Gas in Quebec?

Further to the market excitement surrounding the Questerre announcement yesterday...

Questerre believes Quebec's Utica shale could contain more than 20 trillion cubic feet of recoverable natural gas – far higher than gas estimates in Canada's Mackenzie Delta.(Globe and Mail)

Having a giant source of natural gas lying between Montreal and Quebec City is a major paradigm shift for Canada's energy supply. The Mackenzie Valley pipeline is a $16.2 billion project. Do we need it?