Volume 17, Issue 35 October 26, 2020
In this Issue
Editor's Note
Prices Up This Week As Storage Injection Season Wraps Up
Washington, D.C. Area Cooling/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,
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
Prices Up This Week As Storage Injection Season Wraps Up
Weekly review for October 17 October 23, 2020
On Thursday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday, October 16, 2020 was 3,926 BCF.  This was an increase of 49 BCF from the previous week and was in line with what the market was expecting.  Storage levels are 345 BCF (9.6%) higher than a year ago, and 327 BCF (9.1%) higher than the 5 year average for this date.  

As the injection season ends, the market is turning its focus to the upcoming winter and the weather it will bring.  Temperatures for the next two weeks look to be close to normal, based on the National Weather Service 6-10 and 8-14 day outlooks.

Prices were higher this week for both gas and power.  At the end of the week, the NYMEX natural gas 12-month strip was up 1.2%, while the PJM West Hub 12-month forward curve was up 1.3%.  

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
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, and energy efficiency provided by WGL Energy Services, 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)