GLG News by DOT Regulation & Policy Experts: Lawyers

Russia's primary revenue sources are taxes on oil and gas. Russia's oil taxes have been falling as oil prices fall and Russian oil production stagnates. Additional oil tax changes wil occur to spur new oil productiion and increase revenues.

Would reliance on the Capital Asset Pricing Model (CAPM) have jeopardized the railroads' ability to continue to differentially price their services? Did the STB succumb to railroad pressure for changing the methodology for calculating a railroad's cost of equity less that a month after having found...

Trash companies in recent years have escaped State and local environmental regulation by buying a few hundred feet of track, declaring themselves railroads and utilizing the shield of preemption available to railroads to avoid such regulation. Funding for the STB for fiscal year 2008 prohibits...

The STB's determination that the CP's proposed acquisition of the DM&E is a significant merger proposal is of little consequence. Although styled an indepedent regulatory agency, the STB is atune to political considerations and, rendering its decision, bowed to the oppossition of the Mayo Clinic...

The Surface Transportation Board has proposed to change its methodology for calculating the railroad industry cost of capital.  The cost of capital is used for several regulatory purposes.  Lowering the cost of capital, as proposed by the agency, could increase the rate relief available to...

1. A Bosporus pipeline bypass would alleviate the congestion in the crowded straits, provide access to a deepwater port, and potentially allow more crude oil shipments from Russia and Central Asia.2.  Similar proposals for a direct bypass have been discussed for more than a decade and none has...

- Gas is an increasingly important commodity in world energy markets and a price-fixing cartel would raise alarm bells around the globe- Russia, Iran and Qatar are the three largest gas reserve owners.  President Putin recently visited Qatar to expand energy cooperation.  Russia is close to...

The successful launching of the VUELING’s IPO on the Spanish stock market –the second airline, after Iberia Airlines, publicly trading its shares- deserved a favorable attention from foreign and domestic institutional investors. The low cost carrier (LCC) success has closely been scrutinized by other...

The market has taken a dim view on that move by pushing down a 7% the price of Air France KLM shares. Politically pushed mergers of market operators cannot work out properly, as shown by the Endesa-Gas Natural fiasco: more so when the pressure is applied across national borders. The political initiative...

Note: The captioned title reflects an Spanish saying used to indicate that, sometimes, those living out of a profession or activity, foolishly neglet using or applying their specific know-how or mastery for their own benefit. (En casa del herrero, cuchillo de palo).Implication: In the already overregulated...