US Patent:
20120206595, Aug 16, 2012
Inventors:
Deirdre Alphenaar - Prospect KY, US
Walter F. Jones - Crestwood KY, US
Abudi Zein - Jersey City NJ, US
Assignee:
GENSCAPE INTANGIBLE HOLDING, INC. - Louisville KY
International Classification:
H04N 5/33
G01F 1/76
H04N 7/18
G06F 19/00
US Classification:
348135, 702 45, 348E0509, 348E07085
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.