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by Stockwatch Business Reporter

West Texas Intermediate crude for December delivery added $3.80 to $103.27, notching its third weekly gain in a row, while Brent for December added $3.55 to $116.72, its fifth consecutive weekly gain (all figures in this para U.S.). Western Canadian Select traded at a discount of $31.70 to WTI, up from a discount of $33.30. Natural gas for November lost 15 cents to $2.64. The TSX energy index added 9.89 points to close at 491.69.

A B.C. LNG (liquefied natural gas) project ended the week with a fresh case for its own importance. The Enbridge Inc. (ENB: $67.37)-backed Woodfibre LNG has released a study by Deetken Insight estimating that the construction of its eponymous Squamish-area export terminal and the associated FortisBC Eagle Mountain pipeline will generate $13.6-billion in economic output and add $6.9-billion to Canada's GDP. The study, which was commissioned by Woodfibre, also estimates $11.6-billion in government revenues over a planned 40-year operating period.

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