GERMANY: Handelsblatt Report on Lingering Uncertainties Ahead of Bundestag

MNI BRIEF: German Economy "Treading Water", Prices Stable -Ifo

MNI BRIEF: China To Release Childcare Subsidies, Boost Income

MNI BRIEF: PBOC Mulls New Tools Targeting Consumption

MNI BRIEF: China House Prices Up In February

MNI BRIEF: China Data Shows Good Foundation Despite Issues

EZ/UK Bond Supply Calendar: UK, Finland Due Tuesday

EZ/UK T-Bill Calendar: 6-Month ESM-Bill Auction on Tuesday

MNI: US JAN BUSINESS INVENTORIES +0.3%; SALES -0.8%

GERMANY: Union/SPD Migration Alignment After Turmoil Threatened Debt Deal (BILD)

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

US NATGAS: Socal Gas Prices Rise on Day

US NATGAS
USEnergy BulletsNorth AmericaBulletCommodities

Socal gas prices are rising today as sendout continues to outpace inflows into the region. Meanwhile, storage withdrawals today are above the recent average, according to the EIA.

  • SoCal Border is up 12 cents/MMBtu (3.41%) to $3.64/MMBtu, according to the EIA, while NGI data shows Socal City Gate up 7 cents/MMBtu and Socal Topock up 7.5 cents/MMBtu
  • State-wide demand in California is down 130 mcf/d on the day to 7.76 bcf/d, outpaced by a 170 bcf/d decline in pipeline inflows, Bloomberg showed.
  • Daily natural gas sendout in Socal is 3.42 bcf/d today, outpacing receipts of 2.85 bcf/d, the EIA shows.
  • Flows are marginally lower on the El Paso, Kern River, and North Baja lines, while Mojave is down by 150 mcf/d, according to Bloomberg.
  • The daily natural gas inventory change is down 1.46 bcf, slightly below yesterday’s withdrawal of 1.61 bcf, but nonetheless higher than average for the past week, EIA data showed.
  • Temperatures in Los Angeles are seen largely within the normal range, according to EIA data.

 

Keep reading...Show less
166 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Socal gas prices are rising today as sendout continues to outpace inflows into the region. Meanwhile, storage withdrawals today are above the recent average, according to the EIA.

  • SoCal Border is up 12 cents/MMBtu (3.41%) to $3.64/MMBtu, according to the EIA, while NGI data shows Socal City Gate up 7 cents/MMBtu and Socal Topock up 7.5 cents/MMBtu
  • State-wide demand in California is down 130 mcf/d on the day to 7.76 bcf/d, outpaced by a 170 bcf/d decline in pipeline inflows, Bloomberg showed.
  • Daily natural gas sendout in Socal is 3.42 bcf/d today, outpacing receipts of 2.85 bcf/d, the EIA shows.
  • Flows are marginally lower on the El Paso, Kern River, and North Baja lines, while Mojave is down by 150 mcf/d, according to Bloomberg.
  • The daily natural gas inventory change is down 1.46 bcf, slightly below yesterday’s withdrawal of 1.61 bcf, but nonetheless higher than average for the past week, EIA data showed.
  • Temperatures in Los Angeles are seen largely within the normal range, according to EIA data.

 

Keep reading...Show less