Geopolitics Alpha

Bay Area Air District delays ban on natural gas water heaters to 2028, adds exemptions

Published . Updated .

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ENERGYBay Area Air District delays banon natural gas water heaters to2028, adds exemptionsGEOPOLITICS ALPHA

This report is about natural gas.

Directly affected

  • No company is named in this report.

Indirectly affected

  • UNG United States Natural Gas Fund-19.6% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story.

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story.

  • LNG Cheniere Energy+5.7% 30d

    Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.

  • EQT Eqt+4.3% 30d

    Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.

  • KMI Kinder Morgan

    Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.

  • WMB The Williams Companies

    The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
UNG-1.94%-1.51%baseafter closeafter closeafter closeafter close
XLE+13.47%+8.12%baseafter closeafter closeafter closeafter close
LNG+18.19%+11.32%baseafter closeafter closeafter closeafter close
EQT+9.38%+7.16%baseafter closeafter closeafter closeafter close
KMI+12.15%+8.91%baseafter closeafter closeafter closeafter close
WMB+15.76%+12.83%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Bay Area Air District delays ban on natural gas water heaters to 2028, adds exemptions CBS News

Source: CBS News

Energy

CompanyWhenMoveStatus
EQTthree days earlier+7.16%final price
EQTfive days earlier+9.38%final price
KMIthree days earlier+8.91%final price
KMIfive days earlier+12.15%final price
LNGthree days earlier+11.32%final price
LNGfive days earlier+18.19%final price
UNGthree days earlier-1.51%final price
UNGfive days earlier-1.94%final price
WMBthree days earlier+12.83%final price
WMBfive days earlier+15.76%final price
XLEthree days earlier+8.12%final price
XLEfive days earlier+13.47%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid the energy case looks

12 out of 100

“Bay Area Air District delays ban on natural gas water heaters to 2028, adds exemptions” scores 12 out of 100. The score uses 1 sources.