SoCal Border Avg. Weekly Natural Gas Price Snapshot
Location
SoCal Border Avg.
Pointcode
CALSAVG
Region
California
Avg. Price
x.xxx
D/D Change
x.xxx
Range
x.xxx
Volume
x.xxx
Deals
x.xxx
Want Historical Data? Check out NGI's Historical Data Download Tool. NGI offers Daily, Weekly, Bidweek, Forwards, Mexico, and MidDay Price History Data at over 200 hubs/locations back as far as 1988.
Includes deliveries into the Southern California Gas system via the following pipeline interconnects: 1.) Northern Zone: El Paso Natural Gas Co. LLC (EPNG) at Topock, AZ; Transwestern Pipeline Co. at Topock, AZ, and Needles, CA; Kern River Gas Transmission Co. and Mojave Pipeline Co. LLC at Kramer Junction, CA 2.) Southern Zone: (EPNG) at Ehrenberg, AZ, and North Baja at Blythe, CA 3.) Wheeler Ridge Zone: (EPNG) and Mojave at Wheeler Ridge, CA, and deliveries from the Pacific Gas & Electric Co.’s system at Kern River Station, CA. NGI’s index does not include any gas sourced from Mexico via Transportadora de Gas Natural at Otay Mesa, CA. Note: (1) NGI began including deliveries at Blythe, CA in this index in October 2018. (2) NGI currently does not list a specific Southern Border, SoCal index in the Daily & Weekly GPI newsletters. This index is only included in the Bidweek Alert and Bidweek Survey. However, please note this price is exactly the same as the SoCal Border Avg. that is published in NGI’s Gas Price Index newsletters.
Natural gas prices at key hubs near the Gulf Coast traded mostly sideways during the first day of bidweek trading on Tuesday. Production moved lower and storage surpluses narrowed, but forecasts pointed to a powerful hurricane impacting the region this week.
October Nymex natural gas futures fluctuated between gains and losses Tuesday before turning lower as profit taking, hurricane risks and middling demand choked off some of the rocket fuel powering the previous three days’ nearly 33.0-cent run higher.
October Nymex natural gas futures floated from gains to losses during Tuesday afternoon trading. The market was caught between prospects of significant demand destruction and production shut-ins as Tropical Storm Helene formed over the Caribbean. Cash prices were mixed by varied demand.
Nearly a dozen market participants announced a series of deals at Gastech 2024 in Houston last week, landing more than 5 million metric tons/year (mmty) of global LNG export and import capacity as supplies are forecast to grow through the end of the decade.
The October natural gas futures contract flew higher on Monday, building on the prior week’s rally and remaining comfortably above a key technical threshold. It settled at $2.613/MMBtu, up 17.9 cents day/day. This followed back-to-back gains to close out last week.
