Washington Gas Energy Services: A Washington Gas Affiliate Complany
Volume 11, Issue 13
We Know Energy
March 29, 2013 Energy Update
In this Issue
Editor's Note
Prices Higher Than a Year Ago But Still Low Compared with Past 10 Years
Last Chance for Free Webinar
Sustainable Print Matters: An Introduction to Green-e re:print
Natural Gas Fundamentals
Natural Gas Storage: Large Withdrawals Continue Shrinking the Gas Storage Bubble. Data Released March 28, 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
New Contract with WGES Helps D.C. Retain Position as the Nation’s #1 Green Power Community (March 8, 2013)


 


WGES and Sterling Planet Renew Unique Partnership and CleanSteps® Carbon Offsets Agreement (March 1, 2013)


 


WGES and Shell Energy Enter Into Strategic Supply Arrangement (Feb. 22, 2013)


  

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)




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


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
Prices Higher Than a Year Ago But Still Low Compared with Past 10 Years
Week in Review for March 22-29, 2013

For the fifth week in a row, energy prices inched upward. For this seven-day report period, the average 12-month price for natural gas on the New York Mercantile Exchange (NYMEX) rose 1.6%. The 12-month average price for peak power on the PJM rose less than 1%.

Since March 1, 2013, natural gas prices increased by 11% and peak power prices on the PJM increased by 6%. Most analysts blamed cold weather for the March price rally. Preliminary data indicates that March was approximately 24% colder than normal in this region. This cold snap affected most areas east of the Mississippi and kept upward pressure on energy prices during the entire month.

However, this week's price increase was the smallest spike we've seen during the past four weeks. Hopefully, the price rally is coming to an end with the start of spring. With any luck, we will soon begin to experience some moderate spring days that do not require much heating or cooling.

Although natural gas and electric prices are trading higher than one year ago, energy prices are still near the second lowest level in 10 years.

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