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…
…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.