Volume 15, Issue 50 January 29, 2018
In this Issue
With Energy Choice, You Have the Power to Choose
Editor's Note
A Record Withdrawal?
Energy Answers
Why Microgrids Matter
Local Heating Degree Days*
Our Wind Power Partners

Visit here for a full list of WGL Energy Wind Power Partners.

To find out more about a green power purchase for your organization,
call 703-793-7533, or visit wglenergy.com/commercialgreen

Connect with us here:



For more information, contact your WGL Energy business development manager or lgc@wglenergy.com.
Editor's Note
A Record Withdrawal?
Weekly review for January 21-27, 2018


On Thursday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday, January 19, 2018 was 2,296 BCF. This was a decrease of 288 BCF from the previous week, and the second highest withdrawal on record (matching the withdrawal of 288 BCF for the week ending January 10, 2014, during the polar vortex). Inventories are now 519 BCF, which is 18.4% lower than last year at this time and 486 BCF (or 17.5%) below the 5-year average.

As the market looks at relatively low inventory levels and predictions of colder than normal weather again in February, forward markets moved up this week. For the week, the NYMEX natural gas 12-month strip rose 3.1% and the PJM West Hub 12-month forward curve was up 4.7%.

Stay tuned as we see what the rest of the withdrawal season brings for the energy markets.


This past week's market information is provided as a courtesy to our customers and is not indicative of, nor should be relied upon, as representative of future transactions.

Share Share This Article Share Share Share
spacer spacer
Print This Article Print This Issue
Print This Article Print This Article
spacer spacer
Previous Article Previous Article
Next Article Next Article
Return to Top Return to Top
spacer spacer
WGL Energy Home  |  Forward to a Friend  |  Plain Text Version  |  Past Issues
About WGL Energy
WGL Energy delivers a full spectrum of energy offerings, including electricity, natural gas, renewable energy, carbon reduction, distributed generation and energy efficiency provided by WGL Energy Services, Inc. and WGL Energy Systems, Inc.

WGL Energy strives to provide concise and accurate information from dependable sources for information contained in this report. Nevertheless, WGL Energy 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 lgc@wglenergy.com.

To ensure delivery of the ENERGY UPDATE, please add lgc@wglenergy.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.

© WGL Holdings, Inc.
WGL Energy, 8614 Westwood Center Drive, Suite 1200, Vienna, VA 22182-2260 (USA)