Poolside Market Chat: If Record Heat Hasn’t Moved the Natural Gas Price Needle, What Will?
NGI’s Hub & Flow
The Unplanned Maintenance Event That Crammed PHP's Daily Price
Cash prices in the Pacific Northwest also began to rise, partly due to scheduled maintenance on GTN, gas transmission Northwest, Kinckeeta, and Suma stations. On the 26th, so CalGAS announced a 650 MMCF per-day capacity reduction at the Wheeler Ridge Station beginning July 27th through August 11th. This curtailment actually had a significant impact on cash prices, and we saw so CalCIDG hit 1233 per MMBTU that's up 88% day over day from the 558 prior. But as you mentioned, there's still a ways to go before summer is over. We have a lot of weather-driven power demand, which
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