RBACTravel Schedule December
 
Bob Brooks is planning one more trip to Houstonthis year, during the early part of December.  If you want to schedule time with Bob for initial or on-going training, demonstration, or other GPCM-related business, please contact him at 323-663-4831 or rebrooks@rbac.com  .
 
EIA Says Long Term Energy Prices to Fall, even with Growth in Demand
 
Oil and gas prices will ease over the long term, even with substantial energy demand growth to 2020.  So says the EIA in its recent Annual Energy Report 2002.  Prices of natural gas will rise above $4.00 in 2002, but will settle down to $3.25 per mmbtuby 2020, even with demand growth of 50% over the next 20 years.
 
For the whole story, see: http://www.ftenergyusa.com/energyrpt/default.asp
 
TennesseeGas to Expand in Massachusetts
 
TGPL announced an expansion of a 12 mile segment of its pipe from Dracutto Burlingtonin Massachusetts, increasing capacity by 200 mmcfd.  Most of the additional capacity is expected to be used to supply gas-fired power plants.
 
FERC Won't Cede Authority over LNG Import Facilities
 
The FERC yesterday rejected a request by DynegyLNG Production Terminal to be exempt from FERC oversight of its proposed facility at Hackberry, Louisiana.  The plant is planned to have a vaporization capacity of 750 mmcfdexpandable to 1 bcfdand to be operational by 4th quarter 2003.  Hackberry is situated on the west side of CalcasieuLakein southwest Louisiana.  The closest interstate pipelines are ColumbiaGulfand Gulf South (formerly Koch Gateway).
 
Bob Brooks
GPCM Natural Gas Market Forecasting Systemhttp://gpcm.rbac.com