Volume 17, Issue 39 November 23, 2020
In this Issue
Editor's Note
Warmth Continues
Weather
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
Warmth Continues
Weekly review for November 15 November 21, 2020
 
On Friday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday, November 13, 2020 was 3,958 Bcf.  This is an increase of 31 Bcf from the previous week. Inventories are currently 293 Bcf higher than last year during this same period and 231 Bcf above the 5-year average of 3,727 Bcf.
  
The forecast calls for above normal temperatures this week. Heating load and near-term prices will continue to soften as long as these warmer temperature patterns persist.  While there is still some additional fear premium built into the winter ’21 term that could be eroded, the first sign of cold will more than likely put an end to the downward pressure on prices.
  
Markets moved lower this week as the 12-month NYMEX gas curve dropped 9.9% and the 12-month PJM Western Hub decreased 5.9%. 
.  
 
 
 
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.
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)