Misinterpretation

Storage Data Subject to Significant Misinterpretation

The “evolution” of natural gas storage into an arbitrage tool increasingly utilized by marketing companies may be leading some industry observers to misinterpret the results of the American Gas Association’s (AGA) weekly storage report and the changes in storage levels over time, according to TXU Chairman David Biegler.

August 20, 2001

AGA Storage Figures Subject to Significant Misinterpretation

An “evolution” in the uses and managers of gas storage capacity may be leading some industry observers to misinterpret the results of the American Gas Association’s (AGA) weekly storage report and the changes in storage levels over time, according to TXU Chairman David Biegler. However, customers and regulators should rest assured that despite the increasing variety of uses for storage, it remains a secure source of supply for the traditional utility, he said.

August 15, 2001