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U.S. DEPARTMENT OF ENERGY Office of Electricity and Energy Assurance ENERGY ASSURANCE DAILY

May 6, 2005

Electricity

Nuclear Reactor Plans to be Designed by GE and Westinghouse The reactors, if built, would be the first nuclear plants in the country in 30 years. NuStart LLC hired the companies to design the plans and said that any new units would be operating no earlier than 2014. The units could cost as much as $2 billion each. Bloomberg News 14:19, May 6, 2005

Petroleum

Oil Field Discovery in Utah Could be Largest in 30 Years Wolverine Gas & Oil Corp., a small privately held company, announced the discovery. The oil field, which could contain as much as a billion barrels, would be the largest onshore discovery in at least 30 years. The land is located in Sigurd, Utah. http://www.washingtontimes.com/business/20050504-085830-1401r.htm

TEPPCO to Phase Out High Sulfur Diesel by End of Year The key refiner of the 5,000 ppm sulfur content fuel on TEPPCO’s system, Lion Oil, said that they are switching to 500 ppm product. Once Lion’s stockpiles are depleted, TEPPCO will not ship any more of the high sulfur product. Oil Price Information Service 10:32, May 6, 2005

Sunoco Owned Philadelphia Refinery Shuts Reformer Unit The unit is shut for work that is expected to take about a week to complete. The refinery has a total capacity of 330,000 barrels per day. Reuters 08:33, May 6, 2005

Universities, Consulting Firms Study Hurricane Ivan Damage Results from analyses by universities and consulting firms of damage caused by Hurricane Ivan may lead to future design changes in oil and gas facilities in the Gulf of Mexico. The study will assess how the current design standards in the region withstood the force of the hurricane. Reuters 16:26, May 6, 2005 Natural Gas

Torp Technology Planning LNG Facility in Gulf of Mexico The Houston based company is planning an LNG receiving and regassification facility in the Main Pass area of the Gulf of Mexico. The facility would be the first in the U.S. to use HiLoad technology that uses rubber connectors to eliminate relative motion during offloading. Energy Intelligence, Oil Daily, May 6, 2005

Other News

Clean Coal Processing Plant to be Operational Next Year in Kentucky CoalTek, the designer, claims the facility will be the world’s first electromagnetic clean-coal processing system. The plant will be located in Calvert City, Kentucky. The plant will convert low grade coal into high grade coal by reducing moisture, ash, and sulfur content. The plant is expected to begin operations next year. http://powermarketers.netcontentinc.net/newsreader.asp?ppa=8knpp%5EZmokmqnq%5BSig%216C %29bfek%5Cv

Update -- CONSOL Energy To Begin Re-entry Process at Buchanan Mine CONSOL Energy started the re-entry process at its Buchanan Mine in southwestern Virginia and expects to start the ventilation fans over the May 14 - 15, 2005 weekend. The mine has been sealed since mid- February when a cave-in started a fire underground. http://www.energycentral.com/centers/news/daily/article.cfm?aid=5648258

Energy Prices

Latest Week Ago Year Ago (05/06/05) CRUDE OIL West Texas Intermediate US 51.30 49.20 39.41 $/Barrel NATURAL GAS Henry Hub 6.67 6.64 6.22 $/Million Btu Source: Reuters

This Week in Petroleum from the Energy Information Administration (EIA) http://tonto.eia.doe.gov/oog/info/twip/twip.asp Updated on Wednesdays

Weekly Petroleum Status Report from EIA http://www.eia.doe.gov/oil_gas/petroleum/data_publications/weekly_petroleum_status_report/wpsr.html Updated after 1:00pm (Eastern time) on Wednesdays

Natural Gas Weekly Update from EIA http://tonto.eia.doe.gov/oog/info/ngw/ngupdate.asp Updated after 2:00 pm (Eastern time) on Thursdays

ENSEC threat awareness blog site from Energy Assurance http://ensec.blogspot.com