GLG News by Natural Gas Experts (North America)

In Goldman Sachs’ most recent energy report, it says that if the fall into early winter is chillier than usual (by just 10% below normal temps) then that impact could push raise oil an additional $8 to over $93/bbl (granted, their forecast came out when crude was at $85). But that is not necessarily...

    Coal prices delivered into Europe are currently above $100/tonne (metric ton) as measured by the API 2 Index. This is up approximately 50% from prices being quoted for this same period at the beginning of 2007.     The commentary that follows evaluates the...

    Current delivered coal prices into Europe have crossed over the $100/tonne (metric ton) threshold as measured by the API 2 Index into Northern Europe. That is up ~50% from prices for this period quoted at the beginning of 2007.     The commentary discusses...

    The upgrade by Stifel Nicolaus & Co. of Massey Energy is representative of the bullishness in the U.S. coal sector. The commentary section discusses the positives in the coal sector.

Consol Energy’s acquisition of Tri-River Fleeting Harbor Services and Ti-River Marine towboat fleet continues its shrewd investment of Ohio River and Monongahela River assets. This follows Consol Energy’s 2006 acquisition of the Guttman Group Mon River and J.A.R. towboat and barge assets.

The investment community faces indecision on how the Alberta Government will react to an independent committee's recommendation to increase the amount of royalties charged. Mr Klein, the former Premier of the Province, who traditionally has been very tuned-in politically, has come down hard on...

    As the article points out China’s demand for coal has impacted the global coal situation. This and other issues discussed below are bullish for US coal producers.

Focus away from the speculation of any interest rate cut, and put your attention onto the tropical weather situation for such a minute. Royal Dutch Shell is very carefully watching the potential development of a tropical disturbance off the coast of FL: they are already evacuating 300 workers (with...

    The long-awaited Surface Transportation Board (STB) rate case decisions for coal transportation to captive BNSF Railway customers demonstrates it is nearly hopeless under the current process to successfully challenge a coal transportation rate.

    The Surface Transportation Board (STB) decided two Western coal transportation rate cases for the transportation of Powder River Basin coal in favor of the BNSF on September 10, 2007. Besides the STB’s decision being positive for the coal-hauling Class I Railroads, it is also...