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Thursday, May 30, 2013

RBN Energy Correction To Yesterday's Story

Link to yesterday's post.

The correction:
Yesterday in our blog titled “To the Pipelines, Robin” we examined Genscape data that showed lower volumes moving via out of the Bakken and higher volumes moving via pipe.  One of the terminals in the data table was Inergy’s Colt terminal, which showed a decline this month versus last.  We got an email from our good friends at Inergy saying that in fact April volumes at Colt were in excess of the reported volumes and more importantly their May actual volumes increased 12% versus April.  Genscape uses remote cameras to record the goings and comings of rail cars at these terminals.  It turns out that there was a camera malfunction for a week, so the table should have reflected that fact.  We apologize for the error.
Fascinating, to say the least.

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