Washington Gas Energy Services: A Washington Gas Affiliate Complany
Volume 11, Issue 7
We Know Energy
February 15, 2013 Energy Update
In this Issue
Editor's Note
Energy Prices Make a Small Downward Move
Natural Gas Fundamentals
Natural Gas Storage: Levels Still 16% above the Five-Year Average. Data Released February 14, 2013
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
Washington Gas Energy Services Receives Green-e Energy Certification of New WGES PA WindPower Renewable Energy Product (Feb. 8, 2013)


 



Ridgewells, the D.C. Area's Largest Catering Company, Purchases WGES Green Products (Feb. 1, 2013)


 


WGES Announces Pennsylvania Wind Power Product, Offers Southeastern Pa. Communities Incentives for Purchases (Nov. 30, 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 Make a Small Downward Move
Week in review for February 8-14, 2013

Although natural gas and electricity prices were range bound over the previous three weeks, prices made a small move down this week. For this seven-day report period, the average 12-month price for natural gas on the New York Mercantile Exchange (NYMEX) dropped by 3.6% and the 12-month average price for peak power on the PJM dropped by 1%.

The marketplace seemed to focus on the fact that the peak heating months of December and January were unusually warm. December 2012 was 23% warmer-than-normal and January 2013 was 16% warmer-than-normal in the Washington, D.C. region. Thanks to the lack of any significant heating demand, the natural gas storage fields are remain 16% above the five-year average. 

Without colder-than-normal temperatures, energy prices have been unable to sustain any major price spikes. Unless temperatures in February and March take a sustained dip below historical averages, energy prices may have a tough time staging a winter rally.

The 14-day extended forecast from AccuWeather for the Washington, D.C. region (view details) calls for close-to-normal temperatures east of the Mississippi. 

spacer spacer
Print This Article Print This Issue
Print This Article Print This Article
spacer spacer
Next Article Next Article
Return to Top Return to Top
spacer spacer
WGES Home  |  Forward to a Friend  |  Plain Text Version  |  Past Issues
Washington Gas Energy Services strives to provide concise and accurate information from dependable sources for information contained in this report. Nevertheless, Washington Gas Energy Services does not warrant the authenticity of such information. This report is not intended to serve as a trading tool for customers or for potential customers. If you would like to like to receive this information via email, please send your request to wges_lgc@wges.com.

To ensure delivery of the ENERGY UPDATE, please add wges_lgc@wges.com to your email address book or Safe Sender List.
If you are still having problems receiving our communications, see our white-listing page for more details.