Heatwave

Natural Gas Forward Prices Strong in California, but Traders Eye Winter for Widespread Rally

Natural Gas Forward Prices Strong in California, but Traders Eye Winter for Widespread Rally

With dangerous heat leaving California electric grid operators struggling to meet heightened demand, natural gas forward prices in the southern part of the state rallied sharply from July 20-26, according to NGI’s Forward Look. Daytime temperatures have lingered at or above the century mark for most of July in parts of California, driving up cooling…

July 28, 2023

Natural Gas Cash, Futures Continue Retreat, Despite Heatwave

Natural gas market bulls were down and out Friday as trading in the cash market as well as in the futures arena continued Thursday’s bearish activity, further eating into the gains made from the week’s first three days of positive action.

June 12, 2015

Natural Gas Cash, Futures Continue Retreat, Despite Heatwave

Natural gas market bulls were down and out Friday as trading in the cash market as well as in the futures arena continued Thursday's bearish activity, further eating into the gains made from the week's first three days of positive action.

June 12, 2015

No Solution in Sight for Troubled SoCal Nuke

As California faces its first real heatwave of the summer, the fate of the 2,200 MW San Onofre Nuclear Generating Station (Songs) remains a mystery, and the only sure bet is that more natural gas-fired electric generation within and outside the state will have to be called upon to make up for the absence of the huge plant along the Pacific Coast in North San Diego County.

August 10, 2012