Energy & Industrials News by GLG Council Members

The content of this article is misleading. The EPA is simply enacting the provisions of the Energy Independence and Security Act of 2007. Furthermore, the EISA legislation sets Renewable Fuel Standards for total volume along with subsets requiring a minimum amount of a particular fuel.  After these specialized fuels are accounted for, the 2009 RFS of 11.1 billion gallons per...

A report from the Dept of Energy said in May 2008 that US could build enough wind farms to provide 20% of country’s electricity by 2030. At that time oil prices were $147 a barrel, Boone Pickens calls for US to achieve this by building wind farms throughout the windy corridor from Texas to Dakotas. It would cost $1 trillion to build and another $200 billion to connect to power starved areas...

 A new index of global trucking and logistics companies claims to "rate" to top 10 worldwide companies.   The list includes some of the top names in both industries. A Wisconsin-based refrigerated trucking company, Marten Transport, tops the list even though it has a minuscule market capitalization of $416 million. Also on the list is the world's largest transportation company, UPS, with...

The RIGZONE newsletter reported on November 17 that Southern Pacific Resource had completed its design and cost estimate for an oil sand project at STP-McKay in the Fort McMurray area. The company plans to make an application for a steam assisted gravity drainage permit by April 30, 2009. Bitumen throughput of 12,000 bbl/day for five years is planned from eighteen well pairs sited on three pads. Further...

Capacity shutdowns by Dow and BASF will pressure smaller players to rationalize their own operations.  If liquidity is insufficient to weather an extended downturn consolidation of global capacity is likely; voluntary or not. 

Facts provide insight into how much corn must be produced in the long run. Knowing the facts provides a better understanding of how many acres, fertilizer demand and seed technology is required.

Carbon Offsets / Carbon Credits are unknown costs for many North American firms because of their complexity.  Many progressive sustainability leaders have cracked the code and are ahead of the pack.

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Sitting on hundreds of inefficient used jet aircraft, the US mainline carriers have yet more bad news to stomach - and costly bad news these are too: storing all these aircraft in marketable condition will cost millions of USD. You may save that money by simply stroing them in the desert, but that would make you loose book value day by day. So how?

The Dow Jones Industrial Average and the S&P 500 are down about 40% from a year ago. The Dow Transports are down 25%. In spite of this, there are some transport companies doing OK as noted in the source article - and deserve some comments as to why - and cautions….