Washington Gas Energy Services: A Washington Gas Affiliate Complany
Volume 10, Issue 49
We Know Energy
December 14, 2012 Energy Update
In this Issue
Editor's Note
Energy Prices Fall Ahead of Winter's Start Next Week
Natural Gas Fundamentals
Natural Gas Storage: Market Experiences a Rare Withdrawal. Data Released December 13, 2012
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 Louisiana Well-Head
PJM Electricity
PJM Graph for Electricity - 12 Month Average Peak Power Price
Weather
Local Heating Degree Days*
Recent Features
WGES Announces Pennsylvania Wind Power Product, Offers Southeastern Pa. Communities Incentives for Purchases (Nov. 30, 2012)


 



Renewable Energy Markets 2012 Conference Highlights WGES Staff and Customers (Oct. 5, 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
Carbon

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 Fall Ahead of Winter's Start Next Week
Week in Review for December 7-13, 2012

The marketplace focused on a surprise report this week which placed downward pressure on both natural gas and electricity prices. For this seven-day report period, the average 12-month price for natural gas on the New York Mercantile Exchange (NYMEX) fell 6.5% and the 12-month average price for peak power on the PJM fell 4%.

This week's notable news story focused on the natural gas storage position. The Energy Information Administration (EIA) reported a surprise injection of 2 Bcf into the natural gas storage fields. We have only seen two gas injections during the month of December. The other two December injections were recorded in 1998 and 2005.

This rare injection was due to the fact that most of the country experienced warmer-than-normal temperatures during the report week. However, the 6-10 day weather report calls for the return of normal temperatures to most of the country. Stay tuned. Winter does not even officially start until next Friday, December 21, 2012.

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