2. Natural Gas Forecast (Wholesale to the Natural Gas Utility)
(Nominal $/MMBTU)
PG&E |
SoCal Gas |
SDG&E | |||||||
June 2005 Filing (Nominal $/MMBTU) |
March 2006 Update (Nominal $/MMBTU) |
% Change |
June 2005 Filing (Nominal $/MMBTU) |
March 2006 Update (Nominal $/MMBTU) |
% Change |
June 2005 Filing (Nominal $/MMBTU) |
March 2006 Update (Nominal $/MMBTU) |
% Change | |
2006 |
6.86 |
8.15 |
19% |
6.50 |
7.84 |
21% |
6.50 |
7.84 |
21% |
2007 |
6.45 |
8.88 |
38% |
6.10 |
8.45 |
38% |
6.10 |
8.45 |
38% |
2008 |
6.04 |
8.54 |
41% |
6.04 |
8.02 |
33% |
6.04 |
8.02 |
33% |
2009 |
5.71 |
8.61 |
51% |
5.71 |
7.53 |
32% |
5.71 |
7.53 |
32% |
2010 |
5.45 |
8.12 |
49% |
5.45 |
7.23 |
33% |
5.45 |
7.23 |
33% |
2011 |
5.35 |
7.70 |
44% |
5.35 |
7.70 |
44% |
5.35 |
7.70 |
44% |
2012 |
5.28 |
7.29 |
38% |
5.28 |
7.29 |
38% |
5.28 |
7.29 |
38% |
2013 |
5.21 |
6.88 |
32% |
5.21 |
6.88 |
32% |
5.21 |
6.88 |
32% |
2014 |
5.43 |
6.47 |
19% |
5.43 |
6.47 |
19% |
5.43 |
6.47 |
19% |
2015 |
5.66 |
6.07 |
7% |
5.66 |
6.07 |
7% |
5.66 |
6.07 |
7% |
2016 |
5.81 |
6.17 |
6% |
5.81 |
6.17 |
6% |
5.81 |
6.17 |
6% |
2017 |
5.97 |
6.35 |
6% |
5.97 |
6.35 |
6% |
5.97 |
6.35 |
6% |
2018 |
6.25 |
6.75 |
8% |
6.25 |
6.75 |
8% |
6.25 |
6.75 |
8% |
2019 |
6.55 |
7.14 |
9% |
6.55 |
7.14 |
9% |
6.55 |
7.14 |
9% |
2020 |
6.81 |
7.30 |
7% |
6.81 |
7.30 |
7% |
6.81 |
7.30 |
7% |
2021 |
7.10 |
7.54 |
6% |
7.10 |
7.54 |
6% |
7.10 |
7.54 |
6% |
2022 |
7.36 |
7.85 |
7% |
7.36 |
7.85 |
7% |
7.36 |
7.85 |
7% |
2023 |
7.60 |
8.17 |
7% |
7.60 |
8.17 |
7% |
7.60 |
8.17 |
7% |
2024 |
7.89 |
8.48 |
7% |
7.89 |
8.48 |
7% |
7.89 |
8.48 |
7% |
2025 |
8.19 |
8.80 |
7% |
8.19 |
8.80 |
7% |
8.19 |
8.80 |
7% |
2026 |
8.44 |
9.06 |
7% |
8.44 |
9.06 |
7% |
8.44 |
9.06 |
7% |
2027 |
8.71 |
9.36 |
7% |
8.71 |
9.36 |
7% |
8.71 |
9.36 |
7% |
2028 |
8.98 |
9.63 |
7% |
8.98 |
9.63 |
7% |
8.98 |
9.63 |
7% |
2029 |
9.25 |
9.92 |
7% |
9.25 |
9.92 |
7% |
9.25 |
9.92 |
7% |
2030 |
9.52 |
10.23 |
7% |
9.52 |
10.23 |
7% |
9.52 |
10.23 |
7% |
This table shows prices delivered to the utility (Topock for SoCalGas and SDG&E and PG&E CityGate for PG&E).
The data are as follows:
Source |
March 2006 Filing |
NYMEX Futures and Basis Swaps |
2006-2007 |
NYMEX Futures |
2008-2011 |
Transition between NYMEX and Fundamentals Long-run Forecasts |
2012-2014 |
Fundamentals Long-run Forecast (From Table 1) |
2015 onward |
