Thomas D. Cooper
L. E. Peabody & Associates, Inc. (Since 2012) -- Mr. Cooper collected and evaluated Federal Energy Regulatory Commission ("FERC") and Energy Information Administration ("EIA") data in order to evaluate the changes to and the seasonality of the delivered costs of fuel to different utilities located across the United States. He is responsible for putting together a monthly summary based on EIA data and developed using an in house economic model. This summary is sent out to clients and compares the delivered costs of coal, allowing clients to see how they compare to other utilities in the same region.
Mr. Cooper is responsible for modeling and forecasting the quarterly changes in the Rail Cost Adjustment Factor ("RCAF") indexes, the All-Inclusive Index Less Fuel (“AIILF”), the gross domestic product implicit price deflator (“GDP/IPD”), the producer price index series (“PPI”) and the consumer price index series (“CPI”). The Firm develops quarterly RCAF and AIILF forecasts based on the Firm’s proprietary economic model. Mr. Cooper played a role in maintaining the Firm’s forecast model and incorporating any necessary changes to ensure the model is current and can be relied upon in the quarterly forecasts.
Mr. Cooper also forecasted the price of natural gas delivered to utilities. In addition, he has done extensive work related to the Powder River Basin (“PRB”) coal market. He researched, analyzed, and forecasted the PRB contract and spot coal prices, as well as the PRB production, capacity, and employment.
Mr. Cooper also determined the fair market value of rail lines by estimating the net liquidation value (“NLV”). Estimating the NLV required extensive research, as it was necessary to determine the quantity and condition of every piece of material along the rail line. The NLV analyses were developed in order to aid clients in negotiations, as well as determine the feasibility of restoring/constructing rail lines.
Mr. Cooper is a part of several Surface Transportation Board (“STB”) proceedings related to maximum rail rates for rail shippers. He assisted in fact gathering and the resulting cost of service and/or forecasted maximum rates associated with transporting various commodities by rail throughout the United States. He was responsible for developing a database which was used to estimate various railroad costs in one of the Firm’s STB maximum rate proceedings.
Mr. Cooper is also responsible for maintaining discovery data received by the Firm during cases. He is responsible for collecting, reviewing, logging, and distributing the data to the appropriate members of the Firm. He is then responsible for maintaining the discovery log and answering any discovery related questions that may arise throughout proceedings.
Previous Related Experience – In his final semester at Florida State, Mr. Cooper was part of a team that conducted a study for the Spirit of the Suwannee Music Park & Campground in Live Oak, FL. Mr. Cooper and his team conducted interviews and were able to collect data from contacts within the park. The team looked at the number of annual visitors, where they come from, spending patterns, jobs created, tax dollars generated, and other factors to determine the economic impacts of park operations on Suwannee County and Florida. The results were then presented along with recommendations in front of fellow students, professors, and business men and women of Tallahassee.
Mr. Cooper received a Master of Science in Economics from Florida State University in 2011 and a Bachelor of Science in Business Administration (Economics) from the University of Louisiana at Lafayette in 2009.