US Southwest spot gas prices rise on SoCalGas pipeline maintenance

摘要

1. US Southwest cash gas prices moved upward in trading for July 27, at El Paso South Mainline and Kern River Delivered, as pipeline maintenance at SoCalGas’s Newberry Compressor Station reduced flows along Topock. 2. The two hubs typically trade in tandem, though for July 27 trading, El Paso South Mainline was trading 15 cents higher at $4.97/MMBtu, while Kern River Delivered rose 64 cents on the day, trading at $5.67/MMBtu. 3. Kern River delivered was trading at a 64-cent premium to El Paso South Mainline, widening the spread by nearly 50 cents since the maintenance began July 26.