Sempra Energy Financial Overview
Western Natural Gas Winter Market Imbalance
California Energy Commission
Submittal at Feb-2023 CPUC En Banc¹
Winter 2022-2023 Natural Gas Hub Prices ($/MMbtu)
Sumas
November $9.58
Kingsgate
November $5.32
December $26.35 December $13.61
Montana
January $12.45
January $3.50
Stanfield
November $9.10
December $25.12
January $15.05
Idaho
Opal
November $8.42
December $27.30
January $16.31
sing
Malin
November $9.39
December $27.02
January $15.55
California
PG&E Citygate
November $10.05
December $28.49
January $16.50
SoCal Citygate
November $9.49
December $30.22
January $18.34
Las Vegas
November $9.13
December $29.29
January $17.29
1.
23
2.
3.
Utah
Colorado
San Juan Basin
November $6.93
December $17.92
January $12.77
Ö
January
$1.53
.
$5.00
$10.00
$15.00
$18.56
U.S. Department of Energy (DOE)
Energy Information Administration (EIA):
Analysis of High Gas Prices²
Widespread, below-normal
temperatures
South
Dakota
•
High natural gas consumption
Nebraska
•
United
States
Lower natural gas flows from Canada
Kansas
•
Pipeline constraints, including
Arizon
SoCal Border Average
Southern AZ/NM
November $8.71
December $32.14
January $18.56
ico
November $8.29
December $26.57
January $16.96
Texas
Waha/Permian Basin
November $3.87
Sonora
December $3.04
C
January $1.53
Loanuita de
Okla
·
maintenance in West Texas³
Low natural gas storage levels in the
Pacific region
California Energy Commission presentation during the CPUC En Banc: Current Gas Market Conditions & Impacts of Gas Prices on Electricity Markets on February 7, 2023.
EIA Natural Gas Weekly Update December 21, 2022 and EIA Today in Energy January 24, 2023.
In August 2021, El Paso Natural Gas Pipeline (EPNG) Line 2000 experienced a rupture in Coolidge, AZ which resulted in reduced pressure and a reduction of approximately 610
million dekatherms in throughput. See February 7, 2023 CPUC En Banc presentations.
SEMPRA 14View entire presentation