Abstract: A method for collecting and analyzing operational information from a network of components associated with a liquid energy commodity comprises the steps of: (a) measuring an amount of the liquid energy commodity in storage at one or more storage facilities in the network, and storing that measurement data; (b) determining a flow rate of the liquid energy commodity in one or more selected pipelines in the network, and storing that flow rate data; (c) ascertaining an operational status of one or more processing facilities in the network, and storing that operational status information; (d) analyzing the measurement data, the flow rate data, and the operational status information to determine a balance of the liquid energy commodity in the network or a selected portion thereof at a given time; and (e) communicating information about the balance of the liquid energy commodity to a third-party market participant.

Abstract: A method for collecting and analyzing operational information from a network of components associated with a liquid energy commodity comprises the steps of: (a) measuring an amount of the liquid energy commodity in storage at one or more storage facilities in the network, and storing that measurement data; (b) determining a flow rate of the liquid energy commodity in one or more selected pipelines in the network, and storing that flow rate data; (c) ascertaining an operational status of one or more processing facilities in the network, and storing that operational status information; (d) analyzing the measurement data, the flow rate data, and the operational status information to determine a balance of the liquid energy commodity in the network or a selected portion thereof at a given time; and (e) communicating information about the balance of the liquid energy commodity to a third-party market participant.

Abstract: A method for collecting and analyzing operational information from a network of components associated with a liquid energy commodity comprises the steps of: (a) measuring an amount of the liquid energy commodity in storage at one or more storage facilities in the network, and storing that measurement data; (b) determining a flow rate of the liquid energy commodity in one or more selected pipelines in the network, and storing that flow rate data; (c) ascertaining an operational status of one or more processing facilities in the network, and storing that operational status information; (d) analyzing the measurement data, the flow rate data, and the operational status information to determine a balance of the liquid energy commodity in the network or a selected portion thereof at a given time; and (e) communicating information about the balance of the liquid energy commodity to a third-party market participant.

Abstract: A method for collecting and analyzing operational information from a network of components associated with a liquid energy commodity comprises the steps of: (a) measuring an amount of the liquid energy commodity in storage at one or more storage facilities in the network, and storing that measurement data; (b) determining a flow rate of the liquid energy commodity in one or more selected pipelines in the network, and storing that flow rate data; (c) ascertaining an operational status of one or more processing facilities in the network, and storing that operational status information; (d) analyzing the measurement data, the flow rate data, and the operational status information to determine a balance of the liquid energy commodity in the network or a selected portion thereof at a given time; and (e) communicating information about the balance of the liquid energy commodity to a third-party market participant.

Abstract: A method for collecting and analyzing operational information from a network of components associated with a liquid energy commodity comprises the steps of: (a) measuring an amount of the liquid energy commodity in storage at one or more storage facilities in the network, and storing that measurement data; (b) determining a flow rate of the liquid energy commodity in one or more selected pipelines in the network, and storing that flow rate data; (c) ascertaining an operational status of one or more processing facilities in the network, and storing that operational status information; (d) analyzing the measurement data, the flow rate data, and the operational status information to determine a balance of the liquid energy commodity in the network or a selected portion thereof at a given time; and (e) communicating information about the balance of the liquid energy commodity to a third-party market participant.

Abstract: A method for determining an amount of a liquid energy commodity in storage in an underground cavern generally comprises the steps of: establishing a volume function for a brine pond associated with the underground cavern; acquiring an image of the brine pond; transmitting the acquired image to a central processing facility; analyzing the acquired image to calculate a depth of the brine in the brine pond; estimating the volume of the brine in the brine pond based on the calculated depth and using the volume function; determining the amount of the liquid energy commodity in storage in the underground cavern associated with the brine pond based on the estimated volume of the brine in the brine pond; and communicating information about the amount of the liquid energy commodity in storage to a third-party market participant.

Abstract: A method for determining an amount of a liquid energy commodity in storage in an underground cavern generally comprises the steps of: establishing a volume function for a brine pond associated with the underground cavern; acquiring an image of the brine pond; transmitting the acquired image to a central processing facility; analyzing the acquired image to calculate a depth of the brine in the brine pond; estimating the volume of the brine in the brine pond based on the calculated depth and using the volume function; determining the amount of the liquid energy commodity in storage in the underground cavern associated with the brine pond based on the estimated volume of the brine in the brine pond; and communicating information about the amount of the liquid energy commodity in storage to a third-party market participant.

Abstract: A method for determining an amount of a liquid energy commodity in storage in an underground cavern generally comprises the steps of: establishing a volume function for a brine pond associated with the underground cavern; acquiring an image of the brine pond; transmitting the acquired image to a central processing facility; analyzing the acquired image to calculate a depth of the brine in the brine pond; estimating the volume of the brine in the brine pond based on the calculated depth and using the volume function; determining the amount of the liquid energy commodity in storage in the underground cavern associated with the brine pond based on the estimated volume of the brine in the brine pond; and communicating information about the amount of the liquid energy commodity in storage to a third-party market participant.

Abstract: A method for determining an amount of a liquid energy commodity in storage in an underground cavern generally comprises the steps of: establishing a volume function for a brine pond associated with the underground cavern; acquiring an image of the brine pond; transmitting the acquired image to a central processing facility; analyzing the acquired image to calculate a depth of the brine in the brine pond; estimating the volume of the brine in the brine pond based on the calculated depth and using the volume function; determining the amount of the liquid energy commodity in storage in the underground cavern associated with the brine pond based on the estimated volume of the brine in the brine pond; and communicating information about the amount of the liquid energy commodity in storage to a third-party market participant.

Abstract: A method for collecting and analyzing operational information from a network of components associated with a liquid energy commodity comprises the steps of: (a) measuring an amount of the liquid energy commodity in storage at one or more storage facilities in the network, and storing that measurement data; (b) determining a flow rate of the liquid energy commodity in one or more selected pipelines in the network, and storing that flow rate data; (c) ascertaining an operational status of one or more processing facilities in the network, and storing that operational status information; (d) analyzing the measurement data, the flow rate data, and the operational status information to determine a balance of the liquid energy commodity in the network or a selected portion thereof at a given time; and (e) communicating information about the balance of the liquid energy commodity to a third-party market participant.