Volume 15, Issue 63 May 7, 2018
In this Issue
New EaaS Model Delivers Energy Resilience To Federal Agencies
Editor's Note
Heat Wave
Energy Efficiency
Save Money with Regular Maintenance of Your Home’s HVAC System
Investor Relations
WGL Holdings, Inc. Reports Second Quarter Fiscal Year 2018 Financial Results
Weather
Local Heating Degree Days*
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Editor's Note
Heat Wave
Weekly review for April 29 - May 5, 2018

 

On Thursday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday, April 27, 2018, was 1,343 BCF.  This is an increase of 62 BCF from the previous week and slightly above expectations. The traditional injection season usually begins around April 1. This year, however, the first injection of the season had a late start.

We experienced an early season heat wave with temperatures at or above 90 degrees in the Mid-Atlantic region. PJM real-time LMPs remained tame during the period, with a minimal increase in prices during the afternoons. Temperatures are forecasted to be normal to slightly above normal during the coming 7 to 14-day period.

Forward markets declined this week as the PJM West Hub 12 Month curve decreased 1.8% and the NYMEX natural gas 12-month curve decreased 3.9%.       

 

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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