Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Environment & Energy

Finishline42

(1,141 posts)

8. Here's a link to the spot price for Natural Gas that goes back to 1996

Reply to SleeplessinSoCal (Original post)

Wed Feb 26, 2025, 11:57 AM

Feb 2025

https://www.eia.gov/dnav/ng/hist/rngwhhdm.htm

It's one of the concerns with using NG as a fuel - fluctuations in cost.

Plus the expansion in exports via new CNG terminals coming online sure doesn't help.

Utilities normally buy NG w long term contracts, buying what they project they will need. But if the weather is colder than normal, they will have to buy on the spot market. Speculators will have bid up the price and we get the bill.

My utility bill has 6 lines of cost for NG.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

15 replies

= new reply since forum marked as read

Highlight:

Market conditions caused natural gas rates to increase 128% since December [View all] SleeplessinSoCal Feb 2025 OP

My bill is so high.. lisa58 Feb 2025 #1

My wife, who manages our finances, was complaining about the gas bill. NNadir Feb 2025 #2

Why is it dated "Dec 29, 2022"? more than 2 years ago? progree Feb 2025 #3

I saw that. But there is no updated link. SleeplessinSoCal Feb 2025 #4

You saw that, but didn't include that in your OP? You feel OK about misleading your fellow progressives? progree Feb 2025 #5

I'm sorry. SleeplessinSoCal Feb 2025 #6

latest info from SoCalGas website SleeplessinSoCal Feb 2025 #7

Here's a link to the spot price for Natural Gas that goes back to 1996 Finishline42 Feb 2025 #8

Thank you for all that information. SleeplessinSoCal Feb 2025 #9

the only way this makes sense... SleeplessinSoCal Feb 2025 #10

This message was self-deleted by its author Pull_Left Feb 2025 #14

Looks like CA taxes have skyrocketed for NG Pull_Left Feb 2025 #15

I doubt that those fueling stations in CA contribute to the overall cost there Finishline42 Feb 2025 #11

the SoCalGas bill is for heating purposes SleeplessinSoCal Feb 2025 #12

They need to stop all LNG exports Pull_Left Feb 2025 #13