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GLG News by Natural Gas Experts (North America)

Analysis of: Inside Messy Reality of Cutting CO2 Output (online.wsj.com)
WSJ readers, have no fear. AEP, NRGEnergy and the rest are quite serious about CCS.  Carbon capture and storage will be proven safe and cost effective. It will implemented on a vast scale and transform how and where we build power plants (…Texas 1, New England 0). Hot tip : buy pore space and...
Eric Smith, Professor and Associate Director
Eric Smith, Professor and Associate Director
A.B. Freeman School of Business, Tulane University
Analysis of: Riding the Rails With Ethanol (www.businessweek.com)
A quick look at the location of the ethanol plants will reveal that most are located in corn producing regions. That isn't particularly surprising. However, within those regions the majority of the ethanol plants are located as far from the river systems as possible. The reason for this is that corn...
Analysis of: Archer Daniels Midland to Enter Brazil Sugar-Cane Ethanol Market (energy.seekingalpha.com)
ADM has been the one of the sources behind the US Government offering financial support to the Ethanol industry. They worked for many years to subsidies to the manufacturers of ethanol products. This was consistent with their overall market strategy to sell commodities. What the industry is finding...
Analysis of: Energy Bill Faces Battle (online.wsj.com)
The problem is basic and not addressed by Energy Bill. The USA is the only Western Country without an energy policy. The USA is a Energy Bill generator that is piece meal and does not attack the core issues. The problem is simple , the solutions difficult. The proposed Bill as with all Energy Bills...
Thomas Shewski, Owner
High Energy Services
Analysis of: STB to hold July hearing on rail transportation of energy resources (www.logisticsmgmt.com)
    The Surface Transportation Board (STB) is asking for comments on its new definition of a “contract”. This could trigger a benefit to the railroads, such as Union Pacific, BNSF, Norfolk Southern, and CSX).
Thomas Shewski, Owner
High Energy Services
Analysis of: DM&E Head Focuses on Rail Expansion (www.casperstartribune.net)
    The Dakota Minnesota & Eastern (DM&E) was turned down for its application with the Federal Railroad Administration (FRA) for approximately $2.3 billion in Government-backed loan guarantees through the Railroad Rehabilitation & Improvement Financing (RRIF) out of...
Thomas Shewski, Owner
High Energy Services
Analysis of: Energy Information Agency Weekly U.S. Coal Production Overview (www.eia.doe.gov)
    The Energy Information Agency (EIA) has been overstating the coal production cuts in the Central Appalachian region.. Those that have been utilizing the EIA numbers for modeling coal producer sales from the Central Appalachian region or for estimating coal inventories at utilities...
Thomas Shewski, Owner
High Energy Services
Analysis of: Loeb Bails from Massey Energy (www.underthecounter.net)
    Massey had a one-two punch of news. The first, which is the linked resignation letter, was the abrupt departure of two Board Members from Third Point Capital. The second was the Federal District Court of Southern West Virginia’s ruling on June 13, 2007 rejecting the practice...
Eric Smith, Professor and Associate Director
Eric Smith, Professor and Associate Director
A.B. Freeman School of Business, Tulane University
Analysis of: FPL Energy Files Texas Transmission Application (www.nawindpower.com)
The analysis does a fine job of describing the good points of wind power. That's the "good" in the title. The "bad" is that just adding transmission capacity will not solve the real problem with wind which is that it is an opportunistic supply. In order to utilize it, every kilowatthour needs to...
Philip Hyatt, Managing Partner
Philip Hyatt, Managing Partner
Petronomics Partners Of Texas
Analysis of: BP Permits for Ugnu Test (www.petroleumnews.com)
This article describes BP's recently announced project to install facilities for production of viscous oil with sand.  It has some implications for the future progress of oil sands development, as well.  This project may be among the list of future types of activities for the major oil companies...

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