Natural gas supply, storage, and price protection
Long Beach
Summary
The city buys gas daily, uses storage to dodge price spikes (like the 2023 pipeline explosion spike), and is negotiating a backup supply deal with the oil island operator (Thums) for the 2028 Olympics. Storage keeps customer bills lower when prices surge.
At a glance
- Total mentions
- 1
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Oct 15, 2026.
Impact analysis
Storage withdrawals during price spikes let the city avoid buying high-cost gas, protecting customer bills.
Long Beach gas customers, whose bills are shielded from price spikes by storage and diversified supply.
Mentions & discussions (1)
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