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Energy & Industrials News by GLG Council Members

Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
Analysis of: INTERNATIONAL PAPER TO SHUT UNCOATED PM IN VIRGINIA (www.paperage.com)
According to a Reuters 12/3/08 article, a Brazilian Mining Supplier is cutting back because of the current credit crunch and economic contraction.  Other supply base impact evidence includes an American Scrap Coalition which is advocating for additional trade-restrictions.
Analysis of: USA-Solar thermal projects gather steam and opposition (www.latimes.com)
Thermal Solar using mirrors to concentrate light on a single point to generate steam for electricity or a combination of photovoltaic and heat are the most efficient and cost effective solar collection processes.  The technology is simple and cost effective compared to crystalline silicon PV Panels and concentrating the sun's energy using mirrors could be a significant...
Analysis of: CANADA-Turn to Auto Sector Bailout, McGuinty (Ontario Prime Minister) Urges Ottawa (www.thestar.com)
It appears that the reverse of what is happening in the US with regards to an Auto sector bailout is happening in Canada. Plenty of money is being promised to the Auto Sector in Canada, before a US bailout has even been approved. Strange? Absolutely.
Michael Lynch, Consultant
Michael Lynch, Consultant
Michael E. Lynch
Analysis of: Chevron Announces First Oil Production From Indonesia’s North Duri Field (www.oilvoice.com)
Oilvoice News reported on November 28 an announcement by PT Chevron Pacific Indonesia that Area 12 of the North Duri field had begun to produce crude oil on November 14. Chevron produces nearly half of the nations production. By 2012 production from this area will increase to 34,000 bbl/day. Next year as steam flood technology takes hold, production will increase. George Kirkland, executive vice president...
John Schulz, Independent Analyst - Contributing Editor
John Schulz, Independent Analyst - Contributing Editor
Logistics Management Magazine
Analysis of: IRS Proposes Biodiesel Tax Incentive (www.irs.gov)
  With gasoline and diesel fuel prices dropping sharply, there is concern that will dampen incentives for alternative fuels. The Internal Revenue Service is moving to add some tax incentives for producers of biodiesel fuels.   The IRS is making its intentions known in Notice 2008-100, which will be published in IRB 2008-51 on Dec. 22, 2008.
Analysis of: USA-Manufacturing Companies Reassess India Risks After Mumbai Attack (online.wsj.com)
With sectarian hostilities between India and Pakistan, the Kashmir dispute and concentration of runaway extremism in Pakistan, Mumbai terrorist development as unfortunate as it has been should not have come as a surprise to overseas investment in this country. Is it too soon for investment to feel the jitters in India? Perhaps not given the current enormity of the threat posed by terrorism...
Analysis of: State of the Nation's Housing 2008 (www.jchs.harvard.edu)
The growth years of US home building in the early part of this decade allowed many residential construction supply firms to subvert wholesale distribution and buy direct from manufacturers.  Direct purchasing put the wholesaler's business model in jeopardy as more and more products were being bought around them.  But the severe contraction in the US home building industry has forced the...
Analysis of: USA-Do We Overrate Basic Research? (www.nytimes.com)
Basic Research is done throughout the world today and the United States needs to continue to excel in this venue to produce outstanding scientists and engineers, but the key to keeping the US competitive is the ability to apply this science through innovation.  The reason the US maintains its advantage in productivity and has been able to remain competitive in spite of labor and material advantages...
Analysis of: USA-Ocean currents can power the world, say scientists (www.telegraph.co.uk)
Advanced aerospace technology will create a newer generation tidal/wave/estuarial electrical generation device. Utilizing both fly wheel, propeller pitch controllers, flow sensors, and venturi designs of the enclosures, power generation at reduced flows are available today! Demonstrations of newer composite and hard metal turbine blade designs that create more flow per blade are now available from...
Analysis of: Private Equity group 3i in £1.5 billion bid for Gatwick Airport after BAA decides to sell (www.dailymail.co.uk)
Sale of a BAA airport - the first of two or three Return of big private sector financiers to the airport business
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