The value of underground storage in today`s natural gas industry

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Description

The report consists of three chapters and four appendices. Chapter 1 provides basic information on the role of storage in today`s marketplace where natural gas is treated as a commodity. Chapter 2 provides statistical analyses of the relationship between storage and spot prices on both a monthly and daily basis. For the daily analysis, temperature data were used a proxy for storage withdrawals, providing a new means of examining the short-term relationship between storage and spot prices. Chapter 3 analyzes recent trends in storage management and use, as well as plans for additions to storage capacity. It also reviews the ... continued below

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97 p.

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Creator: Unknown. March 1, 1995.

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This report is part of the collection entitled: Office of Scientific & Technical Information Technical Reports and was provided by UNT Libraries Government Documents Department to Digital Library, a digital repository hosted by the UNT Libraries. More information about this report can be viewed below.

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Description

The report consists of three chapters and four appendices. Chapter 1 provides basic information on the role of storage in today`s marketplace where natural gas is treated as a commodity. Chapter 2 provides statistical analyses of the relationship between storage and spot prices on both a monthly and daily basis. For the daily analysis, temperature data were used a proxy for storage withdrawals, providing a new means of examining the short-term relationship between storage and spot prices. Chapter 3 analyzes recent trends in storage management and use, as well as plans for additions to storage capacity. It also reviews the status of the new uses of storage resulting from Order 636, that is, market-based rates and capacity release. Appendix A serves as a stand-along primer on storage operations, and Appendix B provides further data on plans for the expansion of storage capacity. Appendix C explains recent revisions made to working gas and base gas capacity on the part of several storage operators in 1991 through 1993. The revisions were significant, and this appendix provides a consistent historical data series that reflects these changes. Finally, Appendix D presents more information on the regression analysis presented in Chapter 2. 19 refs., 21 figs., 5 tabs.

Physical Description

97 p.

Notes

OSTI as DE95008769

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  • Other Information: PBD: Mar 1995

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  • Other: DE95008769
  • Report No.: DOE/EIA--0591
  • DOI: 10.2172/34330 | External Link
  • Office of Scientific & Technical Information Report Number: 34330
  • Archival Resource Key: ark:/67531/metadc684594

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Office of Scientific & Technical Information Technical Reports

Reports, articles and other documents harvested from the Office of Scientific and Technical Information.

Office of Scientific and Technical Information (OSTI) is the Department of Energy (DOE) office that collects, preserves, and disseminates DOE-sponsored research and development (R&D) results that are the outcomes of R&D projects or other funded activities at DOE labs and facilities nationwide and grantees at universities and other institutions.

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  • March 1, 1995

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  • July 25, 2015, 2:20 a.m.

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  • Dec. 4, 2015, 8:40 p.m.

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The value of underground storage in today`s natural gas industry, report, March 1, 1995; Washington D.C.. (digital.library.unt.edu/ark:/67531/metadc684594/: accessed December 15, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.