SoCal Citygate California Natural Gas Prices

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SoCal Citygate Description

Deliveries to customers behind Southern California Gas' local distribution system in Southern California. Includes storage deals.

Volatile Natural Gas Futures Rally as Upcoming Mild Break Seen Weaker; Northeast Cash Climbs

Colder weather trends over the weekend and midday helped rally a natural gas futures market attempting to find fair value after last week’s explosive volatility. In the spot market, more cold temperatures in the forecast accompanied big gains in the Northeast, while Northwest Sumas moderated further on signs of constraints easing in British Columbia (BC); the NGI Spot Gas National Avg. picked up 59.0 cents to $4.940/MMBtu.

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Volatility Abounds for Natural Gas as Markets Jumpy on Cold, Storage Fears

The season’s first spell of legitimate winter cold delivered as promised for natural gas markets during the week ended Friday (Nov. 16), as the robust start to winter compounded concerns over storage deficits to send physical and futures prices soaring. The NGIWeekly Spot Gas National Avg. jumped $1.170 to $4.565/MMBtu. Read More

More Volatility as Natural Gas Futures Rally on Long-Range Cold Risks, Storage Fears

Natural gas futures rallied Friday to close out a wild week, with forecasters pointing to long-range cold risks that served to exacerbate storage fears. In the spot market, a number of Northeast points gained on a wintry forecast as most regions sold off heading into the weekend; the NGI Spot Gas National Avg. fell 67.0 to $4.350/MMBtu. Read More

‘Irrational’ NatGas Futures Reverse on Milder Trends, Plump Storage Build; Big Price Spikes Out West

Milder forecast trends and a larger-than-expected injection from the Energy Information Administration's... Read More

EIA Storage Report Misses Bearish as Weather-Focused Natural Gas Futures Swing Lower

The Energy Information Administration reported a somewhat larger than expected 39 Bcf injection into... Read More

Natural Gas Futures Booming as Wintry Weather Lifts Spot Market

Spurred on by historically low storage levels, a strong start to winter and forecasts that seem to continue ratcheting up... Read More

Early Winter Cold Lights Fire Under Natural Gas Markets as Henry Hub Tops $4/MMBtu

With impressive early winter cold amplifying the risks posed by lean stockpiles, the recent rally in the natural gas futures market showed no signs of letting up Tuesday -- and if anything seemed to accelerate. Meanwhile, another day of widespread weather-driven gains yielded some of the strongest early winter spot prices since 2014; the NGI Spot Gas National Avg. tacked on another 35.5 cents to $4.410/MMBtu. Read More
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Colder November Outlook Prompts Natural Gas Futures Rally Ahead of Weekend

Natural gas futures rebounded Friday on colder trends for the second week of November, with more volatility from weather models for a market keenly focused on shifts in the temperature outlook. The December Nymex contract added 4.7 cents to settle at $3.284/MMBtu after trading in a fairly wide range from $3.166 to $3.313. January added 3.5 cents to $3.310, while February climbed 1.9 cents to $3.192. Read More
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November Natural Gas Bidweek Prices Surge Amid Winter Supply Uncertainty

Widening storage deficits just weeks ahead of colder weather and cuts to Canadian imports have muddled the supply picture for the winter despite record... Read More

A Flip Colder for Mid-Month Bolsters December Natural Gas; Sumas Spot Gas Tumbles on Increasing Imports

December natural gas futures strengthened Wednesday as the possibility of chillier weather in the medium range and persistently low storage inventories once again caused jitters for the market. The Nymex December futures contract rose 7.4 cents to $3.261, while January climbed 5.8 cents to $3.302. Read More