GLG News by Gypsum Wallboard Experts

    The Citigroup reports states U.S. coal supply is ample and coal plant inventory levels are adequate such that the higher coal prices of the last several weeks will not hold.  The discussion in the commentary section addresses U.S. coal supply and coal plant inventory and...

Norbord's European and UK operations comprise a relatively small part of their revenues.  OSB and wood plant operations in North America provide the majority.  It will be their ability to survive the depressed North American housing market in 2008 that will determine their success and continued...

    The anticipated export of Eastern U.S. coal in 2008 and 2009 will need to be sourced in great extent from the Powder River Basin (PRB).  This is in addition to the new coal plants coming on in 2008 and 2009 using PRB coal. The discussion below provides a forecast on...

    The global coal availability and price has provided the opportunity for U.S. Eastern coals to be placed in export to Europe.  This has dramatically increased Eastern coal prices.  This provides an opportunity for Western Powder River Basin (PRB) coals.

    The increase in coal prices will obviously increase the electricity generating costs at a coal plant exposed to these price increases.  The impact to Independent Power Producers (IPPs) and their potential margins is understood.  Regulated utilities, on the other hand,...

    The global coal availability and subsequent coal price explosion has provided a great benefit to Eastern U.S. coal producers.  The Western U.S. coals may not be able to appreciably directly-participate in the export surge.

The home building industry remains depressed and builders are reporting falling revenues and big losses.  For those who survive, will the infrastructure of suppliers, distributors and tradesmen be there to support them for the next "up" building cycle?

The US Department of Energy’s [USDOE] decision, to restructure FutureGen from a $1.8 billion 275MW prototype – demonstrating Carbon [CO2] Capture and Sequestration (CCS) – to a series of CCS demonstrations on operating facilities, should facilitate siting of tens of thousands of MWs of proposed coal-fired...

    If low water levels used for cooling caused nuclear plants to operate less or back-off entirely at certain locations, this would be bullish for coal-fired (and natural gas-fired generation) and mitigate or cancel the concerns of an economic slowdown on coal-fired electricity...

    Discussion has been made that a U.S. recession will cause a decline in coal consumption by the electric power sector.  This is unlikely based on coal’s relative cost to generate electricity and the historical coal consumption by the electric power sector in previous economic...