Two energy booms, one still waiting

An LNG storage tank under construction at LNG Canada’s Kitimat export terminal on September 28, 2022. THE CANADIAN PRESS/Darryl Dyck

Natural gas, LNG and liquids are moving from promise to steel, contracts and export cargoes. Oil is producing at record levels too – but its next large wave of growth is waiting for Ottawa and Alberta to turn their July bargain into rules durable enough for billion-dollar decisions.