Volume 18, Issue 10 August 30, 2021
In this Issue
Reducing Impact with Electric Vehicles?
Editor's Note
2023 Moving Towards 2022?
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
2023 Moving Towards 2022?
Week in review for August 22 28, 2021

On Thursday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday August 20, 2021 was 2,851 BCF.  This was an increase of 29 BCF from the previous week, lower than market expectations.  Inventories are now 563 BCF lower than last year at this time, and 189 BCF below the 5-year average.

Aided by hot weather and the bullish storage report, near-term prices jumped, with the 12-month NYMEX natural gas strip (Sept 21-Aug 22) up 6.8% and the PJM Western Hub ATC (7X24) 12-month strip up 4.8%.  Prices for 2022 are at a large premium to further out in the curve, but 2023 is starting to run up, especially for gas, distancing itself from 2024 & 2025.

 

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, 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)