GLG News by Gasoline Experts

The Wall Street Journal article, cited above, is enlightening how the oil  field service companies and shipping companies have taken over the destiny of major oil companies in the frontier of deep sea exploration (drilling) in the choice deep sea areas such as in Alaska, the Gulf of Mexico and...

Japanese LNG buyers cut a new contract with Pertamina, the Indonesian state run oil & gas company, for a ten year extension of the present contract with reduced capacities but LNG prices more aligned to crude pricing.  LNG in Asia is now getting more closely linked to crude pricing with LNG...

Cheniere Energy is finally to receive their first LNG cargo to their Cameron Sabine Pass terminal.  Sabine pass is the largest US regasification terminal with a send-out capacity of 2.6 bscfd.  The peak capacity could be 4.3 bscfd provided supply of LNG can be assured. 

Floating storage and regasification units (ships), being offshore integrated LNG storage and regasification plants to send NG by pipeline to shore are arbitrarily target to be excluded from LNG supply to our needy NG states, such as California and the Gulf Coast States.  Section 319 of H.R. 2830...

Walgreens will have a impact on the clothing industry with their private line.  There are two major factors that will play into this impact, first the they have prime locations in every city and are convenient for the every day shopper.  They are more convenient then the mall and even Wal-mart...

The Australian article is challenging to the advocates of global warming.  In particular the results of the NASA Aqua satellite leads to the conclusion that the earth is compensating for increased CO2 by changing the weather patterns.  These findings are not disputed by the meteorological...

The ethanol industry profitability continues to be plagued by many factors beyond its control. Volatile feedstock costs, infrastructure limitations and the threat of imports just as prices rise hamper margins. This calculation by Reuters on the date of this articel, March 6, 2008 may indicate better...

Based on the favorable results of their economic impact study ExxonMobil signed a joint operating agreement (JOA) for a PNG LNG project with their partners Oil Search 34.1 %, Santos 17.7 % AGL energy 3.6 %, Nippon Oil 1.8 % and land owners 1.2 % with Exxon 41.6 %.

Total is joining Chevron in the exploration of the White Hills blocks in Alaska.  Chevron will operate the blocks with 70% interest and Total will cooperate with 30% interest. 

H.R. 6 enacted in December 2007 demands US independence from foreign oil and gas sources.  Nevertheless, the US Senate - without proper hearing - voted to extend the OCS (Outer Continental Shelf) and oil shale moratoria. This political move has to be defeated and sanity returned to our energy ...