Method and system for determining an amount of a liquid energy commodity stored in a particular location
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United States of America Patent
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Sep 23, 2014
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N/A
app pub date -
Apr 19, 2011
filing date -
Apr 19, 2010
priority date (Note) -
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Abstract
A method for determining an amount of a liquid energy commodity stored in a tank comprises the steps of: receiving, at a central processing facility, volume capacity information associated with the tank and storing the volume capacity information in a database; receiving, at the central processing facility, one or more images of the tank; analyzing the one or more images of the tank to determine a liquid level for the tank; calculating the amount of the liquid energy commodity in the tank based on the determined liquid level and the volume capacity information retrieved from the database; and communicating information about the amount of the liquid energy commodity in the tank to a third-party market participant.
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