I. Origins and Destinations of Natural Gas:
The Big Picture
A. Physical properties of natural gas
B. Where natural gas is found
C. How natural gas is measured
D. Where have we been and where are we going: the history
and the future of natural gas in North America
E. The major consumers of natural gas: from home use to
manufacturing
F. How to understand what everybody is saying: terms and
phrases used in the natural gas industry
II. Exploration Through Distribution: The Physical Side
A. Exploration: the role of the geologists and technology
B. Drilling: onshore and offshore
C. Production: from wellhead through treating/processing
into the pipeline
D. Gathering and Transportation: differences and similarities
between the two components required to move gas from
wellhead to the city gate
E. Pipeline companies and their impact on the industry
F. Distribution: how natural gas gets to the burnertip
III. Buying, Selling, Marketing: The Business Side
A. Overview of how the industry works
B. The "Players" who make the industry work ( Suppliers,
Marketers, Brokers, Service Providers, Local
Distribution Companies, Industrial and
commercial end users)
C. The impact of NYMEX on gas marketing
D. How natural gas is priced: the difference in price
between wellhead and burner tip
E. Pricing strategies and how they work
IV. Transportation Service Providers: How pipelines operate
and what types of services they provide
A. Transportation and how it works: why the interstate pipeline
companies are "kink" (Transportation types, Tariffs:
general terms and conditions, rates, imbalances, Differences
between interstate and intrastate transportation)
B. Storage: usefulness and seasonal peaking and balancing needs
(Salt Cavern, Aquifers, Depleted fields)
C. Fuel Management: how independent third parties are assisting
with fuel procurement
D. Market Centers (Hubs): Services provided
V. The People Who Make It Happen and What They Do: The Paper
Side
A. Contracts: Gas Sale, OBA, JOA, Transportation, Gathering,
and Electronic
B. Nominations and Confirmations
C. Gas Accounting
D. Allocations
E. Credit Evaluations
F. Curtailments
VI. Natural Gas Act and FERC: The government role in development
of the natural gas industry
A. Natural Gas Act, Natural Gas Policy Act, and others
B. Authority of the FERC
C. FERC Order 636
D. FERC Order 587, the influence of GISB
E. What will the FERC do next?
VII. The Future: What we can expect to see just around the corner
A. Selling "hot" and "cold" instead of natural gas or electricity
B. Convergence of the financial side with the business side
of natural gas
C. Bigger is better: more mergers in the future?
D. A different role for FERC: politics does matter
E. Electronic Contracting