Watching Government: Gas surveying

05/03/2004
The US Energy Information Administration wants comments from industry and others on its plan to dramatically revamp monthly natural gas production data so that the numbers better reflect the market."The new production survey can substantially improve both the quality and timeliness of our monthly natural gas production estimates—our goal is to have releasable numbers 60 days after the close of a report month with a sampling error at the national level in the 1% range," said EIA Administrator Guy Caruso.Call for changesEIA said that market participants, the financial community, and policymakers want natural gas production data faster and more accurate than what the agency offers now....
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