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Weighted Average Cost of GasMeasurement calculated by the average cost of all purchases weighted by the volumes taken at various prices. Usually referenced for interstate pipelines as a benchmark (floor) in conjunction with spec [..]
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Weighted Average Cost of GasThe total cost of all natural gas purchased during a base period divided by either the total quantity purchased (unit of production) or the system throughput (unit of sales) during the same period.
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Weighted Average Cost of GasThe weighted average unit cost of a supply of natural gas. WACOG is calculated as the total cost of all natural gas purchased during a base period divided by either the total quantity purchased (unit of production) or the system throughput (unit of sales) during the same period.
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Weighted Average Cost of GasThe weighted average unit cost of a supply of natural gas. WACOG is calculated as the total cost of all natural gas purchased during a base period divided by either the total quantity purchased (unit of production) or the system throughput (unit of sales) during the same period.
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