Washington Gas Energy Services: A Washington Gas Affiliate Complany
Volume 9, Issue 32
We Know Energy
August 19, 2011 Energy Update
In this Issue
Editor's Note
Energy Prices Follow in the Footsteps of the Stock Market
Spotlight on Wind Power
Join the Challenge to Keep D.C. America's #1 Green Power Community
Natural Gas
EIA Gas Storage Update - Data Released August 18, 2011
Baker Hughes Rotary Rig Count For Natural Gas
NYMEX Natural Gas Monthly Settlements For the Past 12 Months
NYMEX Values For the Forward 12 Months
NYMEX Graph For Natural Gas- 12 Month Average Price Per Therm at the Well-Head
PJM Electricity
Graph - PJM 12-Month Average Peak Power Price
Weather
Local Cooling Degree Days*
Recent Features
Perdue Completes First Phase for WGES-owned Solar Power System (August 12)

 


Philadelphia Brewery to Use 100% Wind Power Electricity From WGES (July 22)

 


Properties Can Profit from Residential Enrollments (June 24)

 

WGES Ranked #1 Supplier (June 3)

Our New Wind Power Partners
Corcoran Gallery of Art
Shipwright Harbor Inc.
Corcoran Gallery of Art
Shipwright Harbor Inc
Saint-Ex Group LLC
Buck Distributing Company
Kenwood House, Inc
The Town Council of Centreville, Maryland
Maryland Hotel Supply Company, Inc
American Society Interior Designers
GEA Process Engineering Inc.
Architectural Support Group
Barrell House Liquors
Washington International School
Regional Management, Inc
Merritt Properties
Demers Real Estate
Saint-Ex Group LLC
Buck Distributing Company
Kenwood House, Inc
The Town Council of Centreville, Maryland
Maryland Hotel Supply Company, Inc
American Society Interior Designers
GEA Process Engineering Inc.
Architectural Support Group
Barrell House Liquors
Washington International School
Regional Management, Inc
Merritt Properties
Demers Real Estate

Visit wges.com/partners for full list of WGES Wind Power Partners.

 
To find out more about a green power purchase for your organization, call 703-793-7578, or visit wges.com/commercialwind.

For more information, contact your WGES Account Manager or wges_lgc@wges.com.
Editor's Note
Energy Prices Follow in the Footsteps of the Stock Market
Week in review for period of August 12-18, 2011

The stock market in the U.S. and the rest of the world has experienced a very difficult week and the energy markets followed close on their footsteps. Two weeks ago the NYMEX fell and one week ago it rose. This week the 12 month average price for natural gas on the NYMEX fell 4% and the 12 month average price for peak power on the PJM grid fell 2%.

Energy prices continue to be a great buy since they remain at the lowest seen in seven years. The build to storage stocks pushed the NYMEX September gas futures contract down. Demand still remains low domestically and internationally due to slow economies.

The weather has been seasonable which has helped in keeping prices down. Hurricane season is still upon us and always poses a disruption to prices.  There is some concern relative to a tropical storm forming near Jamaica with an 80%  chance it could develop into something more in the next 48 hours.  If you are considering locking in prices, now is a great time.

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