Alignment

Even with political alignment and the right economic metrics, the movement of Arctic natural gas to the Lower 48 states faces the challenge of pipe manufacturing limitations that should prevent the proposed Alaska and Canadian (Mackenzie Delta) pipeline projects being developed concurrently, a Houston-based Chevron executive told an industry audience in Los Angeles Wednesday.

In order to sort out historical alignment issues in the rare year — such as 2004 — when there are 53 weekly natural gas storage reports instead of the usual 52 (see Daily GPI, Jan. 7), the Energy Information Administration (EIA) said Thursday that beginning with the report for the week ending Jan. 7, it has implemented a daily interpolated average approach of calculating the year-ago and five-year average statistics.

In order to sort out historical alignment issues in the rare year — such as 2004 — when there are 53 weekly natural gas storage reports instead of the usual 52 (see NGI, Jan. 10), the Energy Information Administration (EIA) said Thursday that beginning with the report for the week ended Jan. 7, it has implemented a daily interpolated average approach of calculating the year-ago and five-year average statistics.

All the economic and political stars would have to be in alignment for even the relatively modest Canadian version of arctic natural gas development to make it into construction, says the senior partner.