The Energy Information Administration’s (EIA) Bill Trapmann, who manages the agency’s weekly gas storage survey, said Tuesday that the agency soon will unveil improvements to its weekly U.S. natural gas storage survey. One of the changes being considered is increasing the number of storage firms that are surveyed each week.
Manages
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Futures Erase Early Declines; May Manages 2.4-Cent Gain
Following an eight-day, 83-cent rally, the natural gas futures market appeared to cool its jets early Wednesday as traders liquidated long positions ahead of Thursday’s storage report and the Nymex holiday Friday. At 11:40 a.m., the May contract had tumbled all the way down to $5.495 from Tuesday’s close at $5.653, but that turned out to be the low for the day.
Chevron System Manages Energy Use, Emissions
Chevron Corp. announced Tuesday it is using a new system to manage its energy usage more effectively and monitor greenhouse gas emissions from all of its worldwide operations. Chevron Energy and Greenhouse Gas Inventory System (CEGIS) is an automated, electronic data management information system that is designed to gather monthly energy and greenhouse gas emissions data from Chevron’s worldwide exploration and production, refining and marketing, petrochemicals, transportation and coal activities.
Millennium, Southern Plan Extension to Power Plant
The Millennium Pipeline Project and Southern Energy New York,the company that manages Southern Energy’s New York assets, jointlyannounced Wednesday a plan to build an extension from the proposedMillennium Pipeline to the Bowline Power Plant in Rockland County,NY. The interconnect will be counted as an addition to Millenniumwhich still awaits FERC approval.