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GLG News by Iron Ore Mining Experts

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October 8, 2008
Refund on Coal Excise Tax Paid on Exports Contained in Emergency Stabilization Act
Analysis of: Coal Gets Help in Financial Bailout | wvgazette.com
Author: Thomas Shewski, Owner, High Energy Services
    As the referenced article states, there are many benefits in the Emergency Stabilization Act for the coal industry.  One not discussed is the refund of the coal excise tax.  The commentary section discusses this.
Toby KolstadOctober 8, 2008
Railcar deliveries will fall again in 2009 by a significant amount
Analysis of: Rail equipment shares fall as KeyBanc lowers estimates and outlook for deliveries | biz.yahoo.com
Author: Toby Kolstad, President, Rail Theory Forecasts
The stock prices of all railcar builders declined after a recent prediction by a KeyBank analyst that railcar deliveries will fall in 2009. He estimated that deliveries in 2009 would fall to around 37,000 cars from the 45,000 to 50,000 cars expected this year. It is hard to argue with this forecast...
Jack LiftonOctober 7, 2008
Billions of Dollars Of Research and Development Money Expended By GM And Other Majors Is Now At Risk
Analysis of: Plug-In Hybrids Aren't Coming — They're Here | blog.wired.com
Author: Jack Lifton, Managing Director, Jack Lifton, LLC
It will only take one public lithium battery operating failure or, worse, one fire to wipe out all of the green goodwill so far generated by the hype machine on behalf of the plug-in hybrid idea.
Jack LiftonOctober 7, 2008
GM's Ordinary Share Price, In Real Terms, Is Probably At The Lowest Point In The Company's History
Analysis of: GM tumbles to 54-year low as overall market drops | www.forbes.com
Author: Jack Lifton, Managing Director, Jack Lifton, LLC
GM is a zombie company; it is dead and being kept on life support by a reckless and feckless government.
October 7, 2008
Refined Coal – Things to Consider as a Result of Changes to Tax Credit Qualification
Analysis of: Congress Extends Refined Coal Tax Credit | www.marketwatch.com
Author: Thomas Shewski, Owner, High Energy Services
    The Emergency Stabilization Act signed into law on October 3, 2008 includes an extension of tax credits for renewable energy and refined coal.  The discussion that follows includes items to consider regarding the refined coal tax credit.
Toby KolstadOctober 7, 2008
Freight rate increases have been only story for NS profits in 2008
Analysis of: US freight lines carrying a lighter burden | us.ft.com
Author: Toby Kolstad, President, Rail Theory Forecasts
In every story about railroad traffic and railroad profits in this, and indeed in all of the last few years, commentators have used revenue growth as a surrogate for traffic increases, neglecting to inform the reader that traffic levels have been uncharacteristically stagnant in the recent  economic...
September 29, 2008
as the market evolves even legacy airlines need to maintain competitiveness
Analysis of: Qantas devours its own | www.businessspectator.com.au
Author: GLG Expert Contributor
qantas is in the difficult position of maintaining its current high yielding business and corporate market whilst developing a new low cost market, qantas is successfully developing a new low cost carrier in jetstar, qantas is in the unique position of being able to trial system improvements on the...
Jack LiftonSeptember 29, 2008
When Toyota Announced That It Will Build Prius Models in Mississippi Wasn't That The Obituary Notice For The Cevrolet Volt?
Analysis of: Volt reality check: Chevy Volt not so revolutionary | gristmill.grist.org
Author: Jack Lifton, Managing Director, Jack Lifton, LLC
Last week I wrote here that the statements made by GM about the mode of operation of the shortly to be forthcoming Chevrolet Volt were nonsensical. GM said that the Volt would be an 'electric car,' but, based on the statements now made by GM spokesmen it could only be an electric car, which would have...
September 29, 2008
Aluminium market balance
Analysis of: Aluminum Producers Change Plans as Prices, Demand Fall | online.wsj.com
Author: GLG Expert Contributor
for the aluminium market to remain balanced over the coming few years would require world metal growth in the order 4% to 5%, thereafter for the aluminium market to remain balanced due to the reduced amount of announced increase in metal production necessitates a market growth of around 0.5%; ...
September 22, 2008
Activated Carbon for Mercury Control – Potential Demand
Analysis of: ADES: Multi-Year Supply Contract with Luminant for Activated Carbon | www.tradingmarkets.com
Author: Thomas Shewski, Owner, High Energy Services
    The D.C. Circuit Court of Appeals ruled on February 8, 2009 in favor of the plaintiffs that coal plants could not be removed from the list of mercury sources subject to a Maximum Available Control Technology (MACT) standard and the subsequent movements to require EPA to set a...

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