Industry officials, California Public Utilities Commission discuss winter gas prices

Utility regulators are already looking ahead to California’s winter in an effort to determine if natural gas prices will spike into record territory like last year.

Customer bills soared in January when natural gas prices in those markets climbed into record territory. The cost of the commodity more than doubled from the year before.In San Diego, the price of a thermal unit, used to measure a specific quantity of natural gas, hit $5.11 in January. That was more than twice the price the year before.“Currently there’s much more supply availability in the west compared to last year,” said Ray Sasaki of Southern California Gas, a Sempra Energy subsidiary.

“It is difficult to quantify, but the main point is that these uncertainties are translating into elevated prices,” Sasaki saidBut national observers are optimistic that bills will not rise at the same pace this year as they did last year.“They are up by 9% percent overall, but in the West they’re up by 14%,” said Mark Wolfe, the executive director of the National Energy Assistance Directors Association.

“Families are saving, maybe, some money on their natural gas bill. They still have to deal with outstanding cooling bills from summer. And many are behind,” Wolfe said.

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Japanese Producers Discuss Industry Struggles — Tokyo Film FestivalAs the Tokyo Film Festival returns with a focus on international expansion, this year’s MPA seminar hosted as part of the festival industry program was centered around how to make the country a mor…
ソース: DEADLINE - 🏆 109. / 63 続きを読む »

Teck’s copper mine cost blowout shows challenges facing industryRising costs to build Teck Resources’ flagship copper project in Chile shows how the mining industry is struggling to expand supply on budget and on time when the world faces a looming shortage of the key metal.
ソース: MiningWeeklyAUS - 🏆 233. / 63 続きを読む »

Meet the Bay Area adults with disabilities making a difference in the robotics industryOctober is National Disability Employment Awareness Month and we are highlighting a group of Bay Area adults with disabilities -- making a difference in the robotics industry.
ソース: abc7newsbayarea - 🏆 529. / 51 続きを読む »

Indonesia VP hopeful Gibran promises to develop downstream industry, green economyThe Indonesian president's son and vice-presidential hopeful, Gibran Rakabuming Raka, said on Wednesday if his ticket with Defence Minister Prabowo Subianto is voted into office they would provide loans for digital start-ups and continue to develop the mineral processing industry and a green economy.
ソース: Reuters - 🏆 2. / 97 続きを読む »

One of Cathie Wood’s favorite industry leaders just hit a roadblockAuthorities have put a pause on one company wreaking havoc on the roads.
ソース: startelegram - 🏆 248. / 63 続きを読む »