Natural gas prices still high, but down from big January spike
The price of natural gas in Southern California has cooled since January's record highs, but it's still higher than in past winters, leaving reside...
The price of natural gas in Southern California has cooled since January's record highs, but it's still higher than in past winters, leaving residents and businesses with another ballooning expense to go with inflation in housing, food and most everything else. Customers of Southern California Gas Co. saw their bills double or triple between December and January. February rates were back down around December levels, and rates are declining again in March, while federal and state regulators look at the January spike to see if California utilities were manipulating the markets or improperly profiting from higher prices.