SoCal Gas city-gate winter 2020-21 forwards prices are now at their highest since early May as stalling West Texas gas production and shifting regional fundamentals boost competition for Permian supply. Receive daily email alerts, subscriber notes & personalize your experience. Register Now On Aug. 14, calendar-month prices for December, January and February settled at $4.83, $4.62 and $4.30/MMBtu, respectively – nearly at par with record highs recorded in May. At an average $4.58/MMBtu, peak winter-season prices at SoCal Gas are also trading nearly 50 cents above last winter’s historical average, S&P Global Platts’ most recently published pricing data shows. This spring, market concern over the fate of associated gas supply flowing west from the Permian Basin lifted the SoCal forward market sharply as West […]