
Frigid temperatures and heavy precipitation on the West Coast drove spot natural gas prices to historic highs, with Northern California reaching $55/MMBtu. Storage inventories were low, drought cut hydroelectric output, and regional utilities had trouble receiving coal deliveries.
Prices reached levels not seen since summer 2018.
Low storage combined with drought-reduced hydro and coal supply makes regional gas balances very tight, pushing prices sharply higher. The spike highlights how regional shortages can quickly lift gas costs for power generation and industrial users.
Na 221 eerdere opwaarts weer-gebeurtenissen bewoog Aardgas zich mediaan +3,3% over 5 sessies (61% hoger; middelste helft -5,2% tot +14,0%), en -0,3% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.