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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.
naturalgasintel.comLeticia Gonzales2022年12月9日在过去 221 次看涨的天气事件之后，天然气 在 5 个交易日内中位数变动 +3.3%（61% 上涨；中间一半区间为 -5.2% 至 +14.0%），20 个交易日内为 -0.3%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
