Prices Jump as SoCal Gas Begins Pipeline Maintenance

The spot price of natural gas at the SoCalGas Citygate trading hub jumped to more than $2.40, a 25-cent increase in a single day, according to the US Energy Information Administration. The price jump is due to summer weather, which increases demand, and a planned two-month maintenance that will reduce gas flow between Arizona and California. SoCal Gas began maintenance on Line 235-2, which is approximately 50 miles long and runs from Victorville to just east of Barstow. The maintenance reduced flow on the line by 40%. This is not the first time there has been work done on the [...]

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