Brattle submitted expert reports in a condemnation action in which we responded to an opposing expert’s valuation of a natural gas storage facility in Louisiana. We explained how the market for natural gas storage had declined prior to the condemnation, and that the opposing expert’s valuation was based on speculative assumptions regarding forecasted market prices and demand for storage services. Our experts performed sensitivities to the opposing expert’s discounted cash flow model to demonstrate how the valuation changed under more reasonable market price and contracting level assumptions. We also explained several flaws in the opposing expert’s examination of “comparable” storage transactions as a valuation method for the facility.