Highlights SoCal Gas, city-gates falls to near-parity with cash Henry Hub Excessive Heat Warnings to lift at 10 pm PT Sept. 9: NWS Spot gas prices in California and the US Southwest fell back to earth in Sept. 9 trading for Sept. 10-12 flows, ahead of forecasts showing more seasonally normal temperature ranges that should weaken gas-fired power demand. Receive daily email alerts, subscriber notes & personalize your experience. Register Now SoCal Gas, city-gate spot gas dropped $3.845 to a seven-week low of $8.225/MMBtu, reducing its spread to cash Henry Hub to an 8-cent premium, preliminary settlement data from S&P Global Commodity Insights shows. The near-parity to cash Henry Hub marks a major shift: SoCal Gas, city-gate averaged a $4.95 premium for Sept. 1-8. Other regional spot gas price locations saw substantial weakening in Sept. 9 trading. El Paso, South Mainline plummeted $3.625 to $8.265/MMBtu and Kern River, delivered […]