After a lengthy out-of-service period that caused frustration with some system users, it appears major repairs of the Southern California natural gas distribution infrastructure might be nearing completion.
A shot of cold weather across the West during the trading week resulted in mixed regional energy prices. Enerfax noted that colder weather will only become a factor influencing national prices if it continues moving east.
Western energy prices generally trended lower in the Dec. 5 to Dec. 12 trading period, while Western natural gas prices eroded between 4 and 19 cents, with the Malin and Opal trading hubs posting the greatest loss, down 19 cents each to $2.51/MMBtu and $2.48/MMBtu by Dec. 12.
Natural gas pipeline disruptions and constraints across the West appear to be on the verge of becoming history as conduits across the region return to normal operating pressure.
Despite Mother Nature fulfilling forecasters' predictions of rain, snow and high winds, Western power prices didn't seem to uniformly respond to the weather cues.
The advent of cooler weather, with possible rain and snow forecast across the West, sent regional energy prices higher at the end of Nov. 14 to Nov. 21 trading. Both power and natural gas prices trended upward as temperatures decreased throughout the week.
With "near-record injection activity" in the April 1 to Oct. 31 natural gas refill season, the U.S. natural gas inventory recovered from low levels at the end of the 2018-2019 heating season, according to the U.S. Energy Information Administration. The EIA estimates working natural gas in st…
Southern California Gas returned two long-out-of-service natural gas pipelines to operation and released more details about the projected supply changes that will result.
An end to repairs at key infrastructure locations in the West means natural gas transmission flows have resumed, sending some prices lower, although some lines are not yet at full capacity.
Widespread public power shut-offs are being credited with pushing California natural gas prices higher in the Oct. 3 through Oct. 10 trading period.
The first of October marked the beginning of a new water year that is kicking off with "significantly more" in storage than in the prior year, according to the California Department of Water Resources.
Pipeline constraints and reduced storage at Aliso Canyon, coupled with current inventory levels that are less than 2018's, prompted California PUC Executive Director Alice Stebbins to ask Southern California Gas Co. to "take immediate action" to prevent reliability problems this winter.
Natural gas prices at three California hubs moved above the $3 per MMBtu mark as withdrawals were made from regional storage facilities.
Searing, record heat across the Western U.S. didn’t translate into higher power demand or prices throughout the week. As temperatures climbed, peak power prices in the West dropped between $6 and as much as $16.10 between Aug. 15 and Aug. 22.
Peak power prices across the West picked up between $4 and as much as $18.25 in trading this week, a portion of which can be attributed to greater California demand and extreme heat across the Southwest.
California natural gas prices are among the highest in the continental U.S. this summer, according to the U.S. Energy Information Administration.
There was “some price volatility” associated with a series of Southern California earthquakes and aftershocks that occurred over the Fourth of July weekend, the U.S. Energy Information Administration said, but Southern California gas transmission and distribution systems were largely unaffected.