Updated February 21, 2023 9:54am PST Gas Prices City News ServiceGas prices continue to rise in Southern California Gas prices in Southern California have been steadily going up for the last few weeks. Experts say the rise is caused by refinery issues, among other things. LOS ANGELES ...
Rising natural gas costs were abig issue last winterwhen SoCalGas said the average bill for its 21.8 million customers in January 2023 was about $300, more than twice the average of January 2022. The company blamed unusually cold winter weather and constraints on...
FERC Looking At Natural Gas Prices In California.(Federal Energy Regulatory Commission)(Brief Article)Barlas, Stephen
California Gov. Gavin Newsom asked the federal government on Monday to investigate unusuallyhigh natural gas prices, saying that the "root causes of these extraordinary prices warrant further examination." "I therefore ask that [Federal Energy Regulatory Commission] immediately focus its inve...
Pineda told The Times that it wasn’t just the new infrastructure that pushed rates up. The biggest factor, he said, was a spike in natural gas prices in 2022, which increased power costs. He said residential customers pay higher rates because the distribution system to homes requires more ...
Operating costs of $311 million reflected reduced activity levels, lower natural gas prices and the early realization of Aera merger-related synergies. Capital investments of $79 million were lower than guidance primarily due to high-grading of workover capital. ...
SACRAMENTO, Calif. (AP) — California air regulators voted to approve changes to a key climate program aimed at reducing planet-warming emissions that has a wide swath of critics and could increase gas prices statewide.
The commission’s release didn’t explain exactly how state policy impacted prices in the gasoline market, claiming it was “due in part to the state’s efforts to protect consumers and improve transparency of the petroleum industry.” The agency is tracking gas prices and petroleum market data...
California is set to become the first state to ban natural gas heaters, water heaters, and furnaces by 2030, a policy of the California Air Resources Board, entirely made up of appointees by the governor, I reported in 2023 in The Tangled Government Web Behind the Push to Ban Gas Stoves,...
June 2, 2023 / 5:04 PM EDT / MoneyWatch Allstate, one of the nation's largest insurance companies, has joined State Farm in deciding to halt sales of property and casualty coverage to new customers in California, saying it's too pricey to underwrite policies in the state which has seen...