Natural Gas News – June 8, 2020

Nat Gas News – June 8, 2020

Canada is the largest source of U.S. energy imports

Canada is the largest source of U.S. energy imports and the second-largest destination for U.S. energy exports behind only Mexico. Energy is an important component of trade between Canada and the United States. In 2019, based on the latest annual Standard International Trade Classification
(SITC) data from the U.S. Census Bureau, energy accounted for US $85 billion, or 27%, of the value of all U.S. imports from Canada. Crude oil and petroleum products accounted for 91% of the value of U.S. energy imports from Canada and 89% of the value of U.S. energy exports to Canada. The United States exported US $23 billion worth of crude oil, petroleum products, natural gas, and electricity to Canada in 2019, about 8% of the value of all U.S. exports to Canada and the second-highest level recorded after peaking in 2014. For more on this story visit or click

Cryogenic Tanks Market revenue to hit $9 billion by 2026, Says Global Market Insights, Inc.

Global Cryogenic Tanks Market is anticipated to cross USD 9 billion by 2026, as reported in the latest study by Global Market Insights, Inc. Increasing LNG trade along with growing investments across chemical, healthcare and food & beverage industry will boost the deployment of these tanks. Increasing demand for natural gas on account of development of gas-based power generation plants along with increasing use of gas across heating and transportation sector will propel the cryogenic tanks industry size. For more on this story visit or click

Market Condition Report - Disclaimer
The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

Sign up for FUELSNews for daily market information and insights
Sign Me Up
Give Us a Call Today

We are happy to discuss your business challenges over the phone and answer any questions.


Send Us an Email

Ask your toughest questions. We'll get back to you with the best answer humanly possible.

Send Email

Find a Mansfield Location

Need to contact a specfic office? View contact information for offices across the country.

View Locations

Get a Quote Today

Let us know what type of fuel or service you need and a team member will get a quote to you quickly.

Get a Quote