Volume 15, Issue 76 August 6, 2018
In this Issue
We Can Help with Your LEED Certification
Editor's Note
Stubborn Storage Deficit Remains
Energy Management
WGL Energy Issues More Notices Regarding Peak Electricity Usage
Local Cooling 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,
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
Stubborn Storage Deficit Remains
Weekly review for July 28 - August 3, 2018


On Thursday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday, July 27, 2018 was 2,308 BCF. This was an increase of 35 BCF from the previous week, and was a smaller injection than market expectations. The injection was smaller than the 5 year average injection for the week (43 BCF), but higher than last year’s injection for the week (18 BCF). 

Inventories are still substantially lower than the year ago levels (by 688 BCF or 23%) and the five-year average (by 565 BCF or 19.7%). Despite record setting production levels in late July, the storage deficit remains stubbornly wide. Strong demand for natural gas for power generation and higher demand for natural gas for LNG exports have continued. 

Prices were basically unchanged this week. The PJM West Hub 12-month forward curve rose 0.1% this week, while the NYMEX natural gas 12-month strip was down 0.4%. Stay tuned as we continue to navigate the summer injection season.


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)