Bloomberg - Gas Pipeline Restart Is Set to Bring Price Relief to California

February 14, 2023 – Bloomberg

Gas Pipeline Restart Is Set to Bring Price Relief to California

By Gerson Freitas Jr

(Bloomberg) -- A key pipeline supplying natural gas to California is returning to service, signaling some price relief after an 18-month interruption that helped propel a surge in heating and power costs in the state…

Read the full article here: https://www.bloomberg.com/news/articles/2023-02-14/key-gas-pipeline-for-california-is-back-online-after-18-months

…The conduit’s restart will boost supply into the region by roughly 600 million cubic feet a day, helping alleviate the upward pressure on California prices, according to Jason Ferguson, an analyst at analysis firm RBN Energy LLC.