GLG News in Energy & Industrials

We could TAX the new sources of energy and revenue.

Ryanair hits financial problems for the first time in over a decade; faces full year loss Many 'remedies' open to question CEO beggars belief with recent comments Proposal to buy Stansted Airport goes beyond 'PR'    

Foreign Oil Purchases contributes to our balance of trade that sets the buying value of our currency, in addition to the Federal Debt. I really believe that we must preserve the economic miracle that has given our citizens one of the highest living standards in the world.  This economic miracle has not been due to the efforts of Wall Street MBA's, Stock Market Gamblers, Real Estate Speculators,...

The main two bad thing about foreign oil is that 1)some really unfriendly governments control fforeign oil and don't play by economic rules only, and 2) the US must send huge sums of money to these governments that we, as a nation, are either borrowing or selling off our assets to fund. 

After Georgian troops entered South Osettia - the brake-away part of Georgia under Russian influence- Russia sent tanks and troops into the region.

The Oil & Gas Journal reported in the issue of August 4 that U.S. crude oil demand dropped 3% during the first half to 20.08 million bbl/day. It was the first large drop since 1991. The report was published July 18 by the American Petroleum Institute. Gasoline deliveries fell 1.7%. Remarkably it was the largest decline in 17 years. But demand for ultralow-sulfur diesel (ULSD) jumped 16%. Refiners...

LOL could technically stand for London O'Leary Airport, if MOL gets his way and secures ownership of Europe's biggest low cost and charter airport and one of the UK's most important airports. The woes should be with the 31 other airlines serving this airport and some are in heavy competition with Ryanair and so are naturally worried about this whole scenario. It is not a good idea to tell BAA that...

Consolidation in Europe is continuing. Air France and KLM started it for fear of loosing out in the end and Lufthansa has gained control of Swiss and brought some sparkle back to it. The other major in Europe who has been silent on the merger/takeover front was BA - much due to lack of a suitor. Enter Iberia! The only other big carrier in Europe, since SAS has a close co-operation with LH and Alitalia...

 Schneider National is betting on an innovative way to attract and retain owner-operators at a time when other large truckload carriers are reducing their over-the-road capacity. One way is this fuel subsidiary program that is popular with owner-operators used by Schneider, one of the largest privately held TL carrier in the country.

Mercedes is leading the green charge in European luxury cars. It is bringing its Bluetec diesel engines to the market to improve fuel efficiency and lower emissions for its premium cars. Mercedes also keeps talking about a plug-in hybrid using a 'lithium' battery that is supposed to be coming soon. So, why is Mercedes thinking of canceling an SUV hybrid targeted for the US market because it won't...