Spot gas prices for the April 6-9 week posted stout gains across much of the Lower 48 as sub-$2/MMBtu gas continued to incentivize strong power burns despite a lack of significant demand. Led by gains on the West Coast,NGI’s Spot Gas WeeklyNational Avg.jumped 16.0 cents to $1.520.
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Strong Power Burns Boost Weekly Natural Gas Prices; Futures Nearly Unchanged After Volatile Week
Spot gas prices for the April 6-9 week posted stout gains across much of the Lower 48 as sub-$2/MMBtu gas continued to incentivize strong power burns despite a lack of significant demand. Led by gains on the West Coast,NGI’s Spot Gas WeeklyNational Avg.jumped 16.0 cents to $1.520.
Federal Laboratory, SoCalGas Team Up on Carbon Capture Project
A two-year research project with the aim of capturing carbon dioxide (CO2) from an industrial source and turning it into methanol has received a $300,000 federal grant.
No Significant Damage Reported at Aliso Canyon after Wildfire
The Aliso Canyon natural gas storage facility emerged unscathed from a fast moving wildfire that started last week and has consumed nearly 8,000 acres on the northern edge of Los Angeles.
SoCalGas Working with Local Groups as Communities Ban Natural Gas
Southern California Gas Co. (SoCalGas) is helping local governments in their efforts to enact resolutions condemning efforts to ban natural gas use in new buildings and homes in the state.
SoCalGas To Restart Downed Pipelines Amid Storage Concerns
Southern California Gas Co. (SoCalGas) plans to ramp up major transmission pipelines that have been idled as state regulators pressure the utility over its lack of natural gas in storage.
SoCalGas Testing Technology to Convert Renewable Power into Natural Gas
Southern California Gas Co. has partnered with a German company to research the commercial viability of technology capable of converting renewable electricity into pipeline quality natural gas.
Long-Idled SoCalGas Transmission Pipeline Poised to Restart
After almost two years out of service, Southern California Gas Co. (SoCalGas) plans to restart Line 235, a 30-inch diameter pipeline that carries natural gas from the Arizona border through the high desert and into the Los Angeles Basin.
Natural Gas Home Explosion Kills SoCalGas Employee, Injures 15
California fire and utility officials on Tuesday were investigating a natural gas explosion at a home in Murrieta, about 80 miles southeast of downtown Los Angeles that apparently was sparked by a contractor damaging a gas service line.
SoCalGas Fined $8M for Customer Billing Violations
Sempra Energy’s natural gas distribution utility Southern California Gas Co. (SoCalGas) faces an $8 million fine from California regulators for allegedly failing to follow protocols for timely billing of thousands of customers in 2015 and 2016.