American Gas - May 2014 - (Page 14)

digest Continued from page 12 in 2013, the U.s. energy information Administration reported. There were strong gains in saltbased storage in the traditional production region (the Gulf coast states as well as new mexico, Kansas, Oklahoma, and Arkansas) as well as in nonsalt storage fields in the West. in contrast, the east saw almost no growth in storage capacity. eiA found 2 percent increases in both demonstrated and physical storage capacity. However, there were significant regional disparities. Working gas, which is the volume of stored gas available for use, is roughly balanced 5050 between the east and the two other regions combined. continued support for this vital program, the newly formed National Energy and Utility Affordability Coalition held its inaugural LIHEAP Action Day fly-in on Capitol Hill on March 26. Hosted by AGA and the Edison Electric Institute, nearly 150 advocates from throughout the United States gathered at AGA headquarters in Washington, D.C., before setting out for a day of congressional meetings. These meetings concluded with an evening reception co-sponsored by AGA and EEI, where NEAUC awarded Sen. Lisa Murkowski (R-AK) with its "Extra Mile" award, recognizing her longstanding commitment to LIHEAP. Even when LIHEAP was fully funded at $5.1 billion in fiscal year 2009, the amount was only enough to assist one in five eligible Americans. Since then, funding has been cut drastically to less than $3.4 billion for the current fiscal year, and just $2.8 billion in the FY2015 White House budget request. -Christina Nyquist need to knoW Whither Profits? For gas distributors, revenues have been down but profits up. Will the trend continue? n atural gas distribution in the United States saw falling revenues but rising profits during the past five years, according to a new report by research firm IBISWorld. Looking to the next five years, revenues are set for an upswing. Will profits follow? IBISWorld defines the distribution sector as including companies that manage systems that distribute gas to end users; marketers that buy gas from the wellhead and sell it to distribution companies; and brokers that arrange for gas to be sold through distribution systems. Continued on page 21 We are committed to delivering high quality service and creating cost saving opportunities for our customers. millerpipeline.com Gas distribution Water distribution Transmission pipelines Trenchless water & wastewater rehabilitation Internal joint repair Directional drilling Vacuum excavation 14 AmericAn GAs may 2014 Cross section model of WEKO-SEAL® http://www.millerpipeline.com http://www.millerpipeline.com

Table of Contents for the Digital Edition of American Gas - May 2014

Contents

American Gas - May 2014