Washington Gas Energy Services: A Washington Gas Affiliate Complany
Volume 12, Issue 43
We Know Energy
November 21, 2014 Energy Update
In this Issue
Editor's Note
The Fight Is ON
Renewable Energy
Washington Gas Energy Services Recognized with EPA Green Power Leadership Award
Natural Gas Fundamentals
Natural Gas Storage Update: First Withdrawal Of The Season
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 Cooling Degree Days*
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.
Natural Gas Fundamentals
Natural Gas Storage Update: First Withdrawal Of The Season

 

 

Current Week

Last Week 

Net Change 

This Week Last Year 

Prior 5 Year Average 

 

Stocks (Bcf) 

Stocks (Bcf) 

(Bcf) 

Stocks (Bcf) 

Average (Bcf) 

Total Lower 48 

3,594

3,611

-17

3,795

3,838

The injection season, traditionally running from March 1st to November 1st, is officially over as we saw our first withdrawal of the season. The Energy information Administration reported a withdrawal of 17 Bcf from storage this week.  

This season's first withdrawal was 70% larger than the five-year average of 10 Bcf thanks to the early arrival of below normal temperatures. However, thanks to the record gas injections we enjoyed this past summer, analysts feel we will have plenty of storage gas to get us through the heating season, even though storages are still 6% below the five-year average. 

 

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