Volume 17, Issue 42 December 21, 2020
In this Issue
Happy New Year from WGL Energy
Pennsylvanians Take Control of Your Energy Budget
Editor's Note
Warmer Than Average
Weather
Washington, D.C. Area Cooling/Heating Degree Days
Our Wind Power Partners

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Editor's Note
Warmer Than Average
Weekly review for December 13 - December 19, 2020
 
On Friday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday, December 11, 2020 was 3,726 Bcf.  This is a decrease of 122 Bcf from the previous week. Inventories are currently 284 Bcf higher than last year during this same period and 243 Bcf above the 5-year average of 3,483 Bcf.
  
The forecast calls for above normal temperatures this week.  Despite the cold-blast that ushered in the winter storm that blanketed the PJM footprint last week, temperatures will continue to be on the warmer-than-normal side of things through the end of the month and continue to be bearish for prices.
 
Markets moved higher this week as the 12-month NYMEX gas curve gained 2.1% and the 12-month PJM Western Hub increased 4.1%. 
 
 
 
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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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