News
PCG-PRD
19.35
+2.98%
0.56
UPDATE 1-US natgas prices fall 4% on forecasts for milder weather, lower demand
U.S. Gas futures fall about 4% on forecasts for milder weather, lower demand week than previously expected. Also weighing on prices are ample amounts of gas in storage and low export flows. The front-month April gas futures contract closed at its lowest since June 2020 on Wednesday. A mild winter with record output has led to low gas prices.
Reuters · 16h ago
US natgas prices slide 2% on forecasts for milder weather, lower demand
US prices slide 2% on forecasts for milder weather, lower demand. Low amounts of gas flowing to liquefied gas export plants also weighed on prices. U.S. Gas prices closed at lowest price since June 2020 on Tuesday. Forecasts for milded weather and less heating demand week than previously expected.
Reuters · 22h ago
US natgas prices slide 2% to 3-week low on lower demand forecast
US prices slide 2% to 3-week low on lower demand forecast for gas in the U.S. Forecasts for less demand this week than previously expected, ample gas in storage. Speculators cut their short positions for a fourth week in a row to lowest since late January. Gas prices have fallen to their lowest since Feb. 27.
Reuters · 2d ago
Weekly Report: what happened at PCG PRD last week (0318-0322)?
Weekly Report · 3d ago
UPDATE 1-US natgas prices ease 1% to one-week low on mild forecasts
U.S. Gas futures ease about 1% to a one-week closing low on mild forecasts. Forecasts for milder weather over the next two weeks than previously expected. Analysts say ample gas in storage and low gas flows to export plants support prices. Prices fell to a 3-1/2-year low in February due to low output and low demand.
Reuters · 5d ago
US natgas prices ease 1% to three-week low on mild forecasts
US prices ease 1% to three-week low on mild forecasts, ample gas in storage. Forecasts for milder weather over the two weeks than previously expected. Gas flows to liquefied gas export plants expected to remain low through May due to outages. U.S. Gas prices fell to a 3-1/2-year low in February.
Reuters · 5d ago
US natgas prices ease 1% on forecasts for less demand ahead of storage report
US prices ease 1% on forecasts for less demand ahead of storage report. Government report expected to show an unusual build in stockpiles last week when unseasonably warm weather kept heating demand low. Gas flows to liquefied gas export plants expected to remain low due to ongoing outages at Freeport LNG in Texas. Front-month U.S. Gas futures for April delivery down about 1%.
Reuters · 6d ago
US natgas prices up 3% to 1-week high on colder forecasts, lower output
US prices up 3% to a one-week high on colder forecasts, lower output, higher heating demand. U.S. Gas prices collapsed to a 3-1/2-year low in February. Forecasts for colder weather and higher demand in the next two weeks are supporting futures. Gas prices are also supported by a continued drop in U.s. Output.
Reuters · 03/19 13:23
US natgas prices jump 4% on colder forecasts, lower output
U.S. Gas futures jump about 4% on colder forecasts, lower output after gas prices collapsed to a 3-1/2-year low in February. Front-month gas futures for April delivery rose 6.5 cents to $1.720 per million British thermal units. Forecasts for colder weather and higher heating demand over the next two weeks. In the spot market, gas prices fell to their lowest since July 2020.
Reuters · 03/18 14:13
Weekly Report: what happened at PCG PRD last week (0311-0315)?
Weekly Report · 03/18 11:26
US natgas prices firm as investors await storage report
U.S. Gas futures hit their lowest in more than two weeks as investors await weekly storage report. Front-month gas futures for April delivery rose 2.4 cents to $1.682 per million British thermal units. Prices fell to their lowest level since Feb. 27 as lower heating demand kept gas in storage. U.S utilities likely to have pulled a much smaller-than-usual amount of gas out of storage last week.
Reuters · 03/14 14:29
UPDATE 1-US natgas prices fall 3% to 2-week low on forecasts for less demand
U.S. Gas futures fall 3% to 2-week low on forecasts for less demand over the next two weeks. Front-month gas futures for April delivery fall to lowest close since Feb. 27. In the spot market, power prices drop to a record low of $2.25 per megawatt hour in the West. Low prices come despite a roughly 5% drop in U.s. Gas output in the past month.
Reuters · 03/13 19:27
UPDATE 1-US natgas prices fall 3% to 2-week low on weaker demand forecast
U.S. Gas futures fall about 3% to a two-week low on weaker demand forecast for this week. Front-month gas futures for April delivery fall 4.5 cents to lowest close since Feb. 27. Low gas prices have been weighing on prices in recent weeks. Low prices have led to a 6% drop in U.s. Output over the past month.
Reuters · 03/12 19:28
UPDATE 1-US natgas prices fall 3% to fresh one-week low on milder forecasts
U.S. Gas futures fall 3% to fresh one-week low on milder forecasts for milder weather and lower heating demand. Front-month gas futures settle at $1.759 per million British thermal units on Monday. Prices fell to a 3-1/2-year low in February. Low gas prices in Europe also weighing on prices as mild weather keeps demand low in Europe.
Reuters · 03/11 18:52
US natgas prices slide 2% to fresh one-week low on milder forecasts
US prices slide 2% to fresh one-week low on milder forecasts for milder weather and lower heating demand. Front-month gas futures for April delivery fell 4.1 cents to $1.764 per million British thermal units. Forecasts for the next two weeks are lower than previously expected. US prices fell to a 3-1/2-year low in February. Low gas flows to liquefied gas export plants due to ongoing outages.
Reuters · 03/11 13:43
Weekly Report: what happened at PCG PRD last week (0304-0308)?
Weekly Report · 03/11 11:22
UPDATE 1-US natgas prices log weekly decline on milder weather, storage surplus
U.S. Gas futures fall on Friday, en route to a weekly decline. Prices touched lowest in more than a week; down about 1.5% for the week. Milder-than-average weather slows heating demand for the fuel. Utility withdrawals of gas in the week ended March 1 were below seasonal levels. But output has fallen despite a drop in output over the past month.
Reuters · 03/08 20:29
US natgas prices slip on milder weather, storage surplus
US gas futures slip on milder weather, storage surplus. U.S. Gas futures fall more than 1% on Friday en route to a weekly decline. Warm weather slows heating demand for the fuel while inventories stay high. The EIA says utilities pulled 40 billion cubic feet of gas out of storage in the week ended March 1.
Reuters · 03/08 14:59
FACTBOX-US utilities under fire over role in deadly blazes
US utilities under fire over role in deadly blazes. Texas wildfire is largest on record for the state. U.S. Utility firms have been sued in the recent past for their alleged role in wildfires. Xcel Energy, Hawaiian Electric and PG&E are among those facing lawsuits.
Reuters · 03/06 12:29
Power Up: Energy to Burn
OPEC stands pat on big cuts to oil production through June. Overall U.S. Oil and gas output just off an all-time record. Global energy-related emissions of carbon dioxide hit a record high in 2023. Xcel Energy is under scrutiny for wildfires in west Texas.
Reuters · 03/04 17:30
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About PCG-PRD
Pacific Gas and Electric Company (the Utility) is an energy company. The Utility generates electricity and provides electric transmission and distribution services throughout its service area in northern and central California to residential, commercial, industrial, and agricultural customers. It provides electricity, transmission, and distribution services in its service area. Customers also can obtain electricity from alternative providers such as municipalities, as well as from self-generation resources, such as rooftop solar installations. It provides natural gas transportation services to core customers, such as small commercial and residential customers and to non-core customers, such as industrial, large commercial, and natural gas-fired electric generation facilities that are connected to the Utility’s gas system in its service area. Core customers can purchase natural gas procurement service from either the Utility or non-utility third-party gas procurement service providers.