SoCal Gas city-gate winter strip hits new record as pipeline constraints continue

摘要

The Southern California Gas city-gate 2021-22 winter strip rose nearly$3 over the last month to reach a new record, as pipeline maintenanceand repair projects continue to restrict inflows.An average of SoCal city-gate November 2021-April 2022 contractsreached $10.78/MMBtu, up from $7.89/MMBtu Sept. 1, according to themost recent S&P Global Analytics M2MS forward curve data.