Volume 18, Issue 10 | December 13, 2021

Go Green While on The Go

Did you know driving your vehicle releases greenhouse gases into the atmosphere contributing to climate change? Combating climate change starts with us and you can do your part even while on the go. This week we will provide you with some information for you to consider when driving on the road.

  1. Purchase a SmartWay vehicle. SmartWay certified vehicles are environmentally friendly vehicles that save on fuel, money, and the environment.
  2. Practice fuel-saving tips. Buy low-greenhouse gas vehicles, use renewable fuels, and maintain regular car maintenance.
  3. Learn about the Fuel Economy Label. This label shows you how much you will save or spend on fuel over five years, ratings on a vehicle's smog and greenhouse gas (GHG) emissions, and more.

To learn how you can go green with WGL Energy visit https://promo.wglenergy.com/gogreen/ or call 1-833-61-GREEN (1-833-614-7336) to speak with one of our energy experts.

Source: https://www.epa.gov/greenvehicles/help-make-transportation-greener


Editor's Note

Prices Retreat on Warm Forecasts

Week in review for December 5 11, 2021

Thursday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday December 3, 2021, was 3,505 Bcf. This was a decrease of 59 BCF from the previous week, slightly more than market expectations. Inventories are now 356 Bcf lower than last year and 90 Bcf below the 5-year average.  

In relative calm after last week’s steep sell-off, for the week ending 12/9/2021, the 12-month NYMEX natural gas strip (Jan-Dec 2022) was down 1.4% and the PJM Western Hub ATC (7X24) 12-month strip was down 4.4%. 2023-2025 continue to trade at a discount to 2022 however, that spread has decrease substantially in recent weeks as the front of the curve has decreased, led downward by prices for this winter, with relatively small changes in the out years.


Weather

Washington, D.C. Area Cooling/Heating Degree Days

  

 

May-21

June-21

July-21

Aug-21

Sep-21

Oct-21 

Normal 

156

351

522

445

255

55

 Actual

119

348

192

492

241

92

Departure from Normal 

24%
Cooler

1%
Cooler

6%
Cooler

11%
Warmer

6%
Cooler

69%
Warmer

Cooling degree day (CDD) data is for the Washington, D.C. area and is calculated by comparing the day’s average temperature to a 65-degree baseline. If the day’s average temperature is below 65, there are no cooling degree days that day. If the day’s average temperature is greater than 65 degrees, then subtract 65 from the average temperature to find the number of cooling degree days.

*Heating degree day (HDD) data is for the Washington, D.C. area and is calculated by comparing the day’s average temperature to a 65 degree baseline. If the day’s average temperature is above 65, there are no heating degree days that day. If the day’s average temperature is less than 65 degrees, then subtract that average temperature from 65 to find the number of heating degree days.