Volume 15, Issue 54 March 5, 2018
In this Issue
WGL Energy to Discuss Distributed Impact at CampusEnergy2018
Editor's Note
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Investor Relations
WGL Holdings, Inc. Raises Annual Dividend $0.02 Per Share to $2.06
Weather
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Editor's Note
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Weekly review for February 25 - March 3, 2018

 

On Thursday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday, February 23, 2018 was 1,682 BCF. This is a decrease of 78 BCF from the previous week. Inventories are currently 680 BCF lower than last year at this time and 372 BCF below the 5-year average of 2,054 BCF.

Current forecasts are predicting that temperatures will return to normal for the next several weeks and with the winter weather risk nearly in the rear view mirror, prices and volatility have stagnated this week. It seems the only real catalysts that could cause either to vacillate are either an unpredictable weather pattern shift late in the season or possible congestion due to outages.

Forward markets moved up slightly this week as the PJM West Hub 12-Month curve increased 0.47% and the NYMEX natural gas 12-month curve gained 1.5%.

 

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.

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