Definitions

 

Petroleum

 

WTI – West Texas Intermediate (for the purposes of this table, prices provided are near month futures price)  Cushing OK.

 

Bbl – Barrel (42 gallons).

 

C’s – cents.

 

Natural Gas

 

Henry Hub – A pipeline hub on the Louisiana Gulf coast. It is the delivery point for the natural gas futures contract on the New York Mercantile Exchange (NYMEX).

 

Electricity

 

COB – average price of electricity traded at the California-Oregon and Nevada-Oregon border.

 

Palo Verde - average price of electricity traded at Palo Verde and West Wing Arizona.

 

Average - average price of electricity traded at all locations.