Washington Gas Energy Services: A Washington Gas Affiliate Complany
Volume 10, Issue 34
We Know Energy
August 24, 2012 Energy Update
In this Issue
Editor's Note
All Eyes Are On Tropical Storm Isaac
Natural Gas Fundamentals
Natural Gas Storage: Gas Surplus Shrinks for 17th Week in a Row - Data Released August 23, 2012
Baker Hughes Rotary Rig Count For Natural Gas
NYMEX Natural Gas Monthly Settlements For the Past 12 Months
NYMEX Values Per Month 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 Cooling Degree Days*
Recent Features
WGES-owned Solar Projects in Maryland Dedicated, Activated (July 20, 2012)

WGES Announces Special Offers to Support Philadelphia’s Quest to Become the Nation’s #1 Green Power Community (June 22, 2012)

WGES and Sterling Planet Donate $126,000 to the Chesapeake Bay Foundation’s Carbon Reduction Fund; Help Plant 1,500 Trees in Frederick, Md. (April 27, 2012)

WGES Provides Green Energy Products to Mandarin Oriental, D.C. (April 20, 2012)

WGES Renewable Energy Products Are Now Green-e Energy Certified (April 6, 2012)

New MSN Video Features a WGES Customer's Green Power Commitment (March 23, 2012)

Our New Wind Power Partners
Green Power Leadership Award Winner - U.S. Department of Energy

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
All Eyes Are On Tropical Storm Isaac
Week In Review For August 17 - 23, 2012

Natural gas and electricity prices are range bound for now. Over the past five weeks, prices have increased one week but then have immediately fallen the next week. Here we go again. Last week, the average price for natural gas on the NYMEX fell 5% while the 12-month average price for power on the PJM remained flat. For this seven-day report period, prices ran in the opposite direction. The average price for natural gas on the NYMEX rose 1.7%. The 12-month average price for peak power on the PJM actually fell 0.2%, a very slight decrease but, nevertheless, a decrease.

There is a new variable hitting the news wires today, however, that may place some upward pressure on energy prices. The big story is Tropical Storm Isaac, which is gaining intensity in the Caribbean and possibly heading for the Gulf of Mexico. If natural gas producers are forced to shut-in their wells during the storm, we may see some price spikes next week. Stay tuned.

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