SoCal Citygate California Natural Gas Prices

Published: Sep 16, 2019
Weekly Change
-0.505
-12.80%
Month/Month Change
0.49
16.7
Year/Year Change
-0.335
-8.90%
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Region Location
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SoCal Citygate Description

Deliveries to customers behind Southern California Gas' local distribution system in Southern California. Includes storage deals.
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Summer Temps Lingering, Lifting Weekly Natural Gas Spot Prices

Late-season heat spurred convincing natural gas spot price gains across the Lower 48 during the trading week ended Sept. 13; even with some discounts in California, the NGI Weekly Spot Gas National Avg. gained 16.5 cents to $2.315/MMBtu. Read More

Spooky Friday the 13th for Bears as Natural Gas Futures Finish Week Strong

It was probably something other than superstition that had bears fleeing the natural gas futures market Friday even as analysts continued to point to oversupply conditions. The October Nymex contract rallied 4.0 cents to settle at $2.614/MMBtu. November surged 4.8 cents to $2.653. Read More
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EIA Report Below Consensus; Natural Gas Futures See Small Bump

The Energy Information Administration (EIA) on Thursday reported a leaner-than-expected 78 Bcf build... Read More

Natural Gas Bulls End Week in Style as ‘Classic Short-Covering Rally’ Continues

The natural gas futures market capped off a bullish week in fitting fashion Friday, rallying for the third time in four sessions to test the psychologically and technically significant boundary around $2.500/MMBtu. The October Nymex contract gained 6.1 cents to $2.496 after trading as high as $2.505, while November picked up 6.0 cents to $2.551.

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EIA Injection Misses High at 84 Bcf, Sends Natural Gas Futures Lower

The Energy Information Administration (EIA) on Thursday reported a larger-than-expected 84 Bcf weekly... Read More

As Dorian Looms, Natural Gas Futures and Cash Mount Post-Holiday Rally

Supportive forecasts, the prospect of limited demand impacts from Hurricane Dorian and strength in the spot market all aided in a post-holiday natural gas futures rally Tuesday. The October Nymex futures contract climbed 7.3 cents to settle at $2.358/MMBtu, while November settled at $2.397, also up 7.3 cents. Read More
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Stifling Heat Lifts California, Texas Natural Gas Weekly Prices; Dorian Set to Squash Demand

Suffocating conditions continued across California, the Southwest and Texas during the last week of August, leading to a rare storage withdrawal for this time of year in the Golden State as pipelines coped with strong demand. Mild, stormy conditions over the rest of the United States, however, left weekly prices mixed and the NGI Spot Gas Weekly Avg. up just 4 cents from Aug. 26-29. Gas traded on Thursday was for delivery Friday and Saturday. Read More

Quiet Session Ends With Natural Gas Futures Down a Penny; Cash Mixed

Natural gas traders got a jump start on Friday ahead of the long Labor Day holiday, with low volumes of gas traded at prices not far removed from the previous day’s settles. With bears failing to make a big splash, the October Nymex gas futures contract slipped only 1.1 cents to $2.285, and November fell 1.8 cents to $2.324. Read More
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EIA Reports ‘Quite Bearish’ 60 Bcf Injection; October Natural Gas Trims Gains

The Energy Information Administration (EIA) reported a 60 Bcf injection into storage inventories for the... Read More

Natural Gas Futures Retrace as Long-Range Weather Outlooks Cool; Cash Mixed

A price rally driven largely by short-covering failed to hold up on Tuesday as weaker cash prices and generally stable fundamentals drove natural gas futures lower. With bidweek volatility on full display, the September Nymex gas contract settled 2.8 cents lower at $2.202/MMBtu, and October dropped 4.1 cents to $2.192. Read More