During an interview on CNBC from the floor of the New York Stock Exchange, Sempra Chairman and CEO Jeff Martin discussed the company’s strategic shift to a more focused, simplified business model centered on regulated utilities in California and Texas.
Regional Natural Gas Storage Helped Southern Californians Avoid Over $120 Million In Energy Costs During Winter Storm Fern
LOS ANGELES, April 1, 2026 /PRNewswire/ -- Over the last several years, Southern California Gas Company (SoCalGas) has been working closely with state leaders, policymakers and regulators to enhance natural gas storage capability which is important for energy system resiliency and affordability. Today the company announced a new analysis estimating its four underground natural gas storage fields helped SoCalGas and San Diego Gas & Electric (SDG&E) customers avoid over $120 million in potential energy costs during January's Winter Storm Fern.1 The analysis focuses only on natural gas price