As part of FERC’s investigation into energy prices and potential manipulation in the western gas and power markets, it has requested some general information on the methodology Natural Gas Intelligence uses in collecting, calculating and publishing natural gas price information (see Intelligence Press, Inc.’s web site: https://intelligencepress.com/methodology.html). The Commission has requested this information by June 4 under Docket No. PA02-2-000.

The Commission asked NGI to explain the reasons for the separation of indexes at the Southern California Border, the methodology used to calculate the Southern California Border Average and the contribution into the Southern California indexes of transactions done at the various Southern California points: Topock, Blythe, Needles, Ehrenberg and Daggett.

“Regarding the FERC inquiry, NGI has provided information to the Federal Energy Regulatory Commission, the Minerals Management Service, Congress and other government agencies on its methodology, and on gas market and pricing trends many times in the past,” said Managing Editor Rocco Canonica. “We will provide FERC with the information it has requested insofar as it does not violate the confidentiality of our sources. If we were asked to provide any information about our sources, we would refuse on the basis of our First Amendment rights.”

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