Washington Gas Energy Services: A Washington Gas Affiliate Complany
Volume 9, Issue 45
We Know Energy
November 18, 2011 Energy Update
In this Issue
Editor's Note
Natural Gas Storage Hits All-time High
Focus on Green Power
WGES Receives Prestigious Green Power Supplier of the Year Award
Natural Gas
EIA Gas Storage Update - Data Released November 17, 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
Local Heating Degree Days*
Recent Features
WGES Selected to Supply 1.5 Million Megawatt Hours Per Year to the Baltimore Regional Cooperative Purchasing Committee (Nov. 14)


WGES and Kent County, Maryland Announce 1.58 Megawatt Solar Project (Nov. 4)


EPA Recognizes Panera Bread of Maryland as a Top Retail Green Power Purchaser (Oct. 28)


Chimes International Activates 3,000-Panel, 670-Kilowatt Solar Panel Field on Baltimore City Campus (Oct. 14)


Perdue Completes Final Phase of WGES-owned Solar Power System (Oct. 7)


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
Panera Bread of Maryland (Lemek LLC)
Calvary Baptist Church
Mountain View Community Church
Caser Chavez Public School
PB Dye Golf Club
Behnke Nurseries
Townes of North Creek
Victory Racing Plate Company
Village Management, Inc.
Mt. Airy Bicycles
College Park Bicycles
Donatelli Development
Blue Ocean Realty
Mandarin Oriental
Bank of Georgetown
Embassy of Bosnia Herzogovina
Baltimore International College Foundation
The Shakespeare Theatre Co.
Kaiser Foundation Health Plans of Mid-Atlantic States

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
Natural Gas Storage Hits All-time High
Week in review for period of November 11 to November 17, 2011

Natural gas and electricity prices have fallen for the second consecutive week. The 12 month average price for natural gas on the NYMEX fell 3.6%, and the 12 month average price for peak power on the PJM fell 4.7%.

Sluggish economic growth and mild weather are keeping a lid on energy demand. This weak energy demand is keeping downward pressure on prices for now. When demand is low, the unused natural gas can be injected into storage for use at a later date. In fact, natural gas storage levels just surpassed the all-time record high level of 3,849 Bcf set in November 2010. For more storage details, please see the EIA Storage Update included in this newsletter.

The weather forecasters are calling for a return of normal temperatures east of the Mississippi over the next 8 to 14 days. Colder than normal temperatures can quickly draw down a storage surplus. But for now, supplies look robust going into this winter.

Another variable to watch: The U.S. Environmental Protection Agency and the West Virginia legislature are studying the impact that shale gas drilling has on water supplies. Some analysts believe that proposed regulations could slow the development of the shale gas supplies.

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