Washington Gas Energy Services: A Washington Gas Affiliate Complany
Volume 9, Issue 36
We Know Energy
September 16, 2011 Energy Update
In this Issue
Editor's Note
Mild Temperatures Keep Energy Prices in Check For Now
Customer Survey
Tell Us How We're Doing...
Natural Gas
EIA Gas Storage Update - Data Released September 15, 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
University of Maryland College Park Unveils Its New Solar Array (Sept. 2)

 


WGES Helps the D.C. Metro Area's Oldest Jewish Day School Go Solar (August 26)

 


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
Mild Temperatures Keep Energy Prices in Check For Now
Week in review for period of September 9 - 15, 2011

For the second week in a row, the 12 month average price for natural gas on the NYMEX fell 1% and the 12 month average price for peak power on the PJM fell 1%. This small price decline was not a surprise as analysts continued to note that natural gas supplies were still robust and energy demand was still weak.

Domestic gas demand fell 1.9 % this week as compared to last week according to Bentek Energy. The influx of mild temperatures helped place downward pressure on energy demand. As mild temperatures hit the country, demand for energy temporarily dropped as many customers did not need to aggressively heat or cool their spaces.

While demand was low thanks to mild fall temps, supply was still high. Bentek Energy reported that this week's domestic dry gas production was 7.5% above last year's levels. This robust supply picture, which can be attributed to the recent shale gas discoveries, kept some downward pressure on energy prices.

However, do not let these mild temperatures and weak demand figures lull you to sleep. Old man winter is just around corner which means energy demand for heating will spike much higher than the levels we are now enjoying.

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