Meaning WACOG
What does WACOG mean? Here you find 3 meanings of the word WACOG. You can also add a definition of WACOG yourself
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WACOG Weighted Average Cost of Gas
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WACOGWeighted average cost of gas.
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WACOGThe formula used by pipelines, utilities and other sellers to determine the cost of gas underlying their sales rates. It is the total cost of all natural gas purchased during a base period, divided by either the total quantity sold, or system throughput during an equal period of time.
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