After Aliso Canyon, a gas pipeline exploded — and Californians lost $1 billion [Los Angeles Times (CA)]
DBA Sempra (SRE)
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Source: Los Angeles Times
After Aliso Canyon, a gas pipeline exploded — and Californians lost $1 billion Two years after methane gas began leaking from Southern California Gas Co.’s Aliso Canyon storage field, one of the company’s key pipelines exploded, starting a fire in the desert and leaving a smoking crater in the ground. Nobody was hurt, and the October 2017 explosion went largely unnoticed outside the energy industry. But the damaged pipeline was taken out of service — severely constraining gas supplies in Southern California, especially with storage at Aliso Canyon restricted. Together, those infrastructure failures would fuel higher energy prices across the state, ultimately costing California ratepayers at least $1 billion. The 30-inch pipeline is still out of service, and Aliso Canyon remains restricted. Some experts are worried a heat wave could send prices soaring once again this summer. “It’s been a mini energy crisis,” said Samuel Golding, a consultant who helps local governments launch their
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- California regulators vote to delay closure of gas storage facility, site of worst US methane leak [Yahoo! Finance Canada]Yahoo! Finance Canada
- CPUC OKs plan that could close Aliso Canyon — eventually. Residents want immediate action [Los Angeles Times (CA)]Los Angeles Times
- Boiling Point: Newsom loves fighting Big Oil. Gas utilities? Meh [Los Angeles Times (CA)]Los Angeles Times
- Sempra's Jeffrey W. Martin Receives Lifetime Achievement Recognition at Platts Global Energy Awards [Yahoo! Finance]Yahoo! Finance
- Sempra's Jeffrey W. Martin Receives Lifetime Achievement Recognition at Platts Global Energy AwardsPR Newswire
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