GLG News by Natural Gas Experts (North America)

    News announcements are that Kohlberg Kravis Roberts (KKR) and Texas Pacific Group (TPG) will concede to scale back TXU’s ambitious new coal plant building from the planned 11 coal units to 3 coal units in order to placate environmental and legislative groups. (One coal plant...

    There have been many anecdotal stories of delays in scrubber retrofits. TVA at its Colbert Unit in Tuscumbia, Alabama is a recent addition to this list. The analysis section attempts to quantify the reasons for these delays, provide numbers, and the potential consequences of...

    Coal companies such as Peabody, Consol, and Jim Walters have recently agreed to a new five-year contract with the United Mine Workers Association (UMWA). The economics are provided below in order to help in modeling costs and revenues at UMWA-represented coal mines.

KEY POINTS REVIEW•    Moist winter weather across the Great Plains coupled with high grain prices driven by ethanol demand have sparked an economic boom in farm country.  Many compare opportunity for agriculture in years ahead as the “golden years” to-be since many farmers...

•    Are OPEC and non-OPEC supplier countries oriented to resolving the challenge to bring stable, predictable and remunerative prices to the Marketplace?•    World oil demand since about 2002 has been structurally variable. This structural change in the behavior...

    The Air Force’s actual tests of jet fuel from coal-to-liquids and gas-to-liquids in B-52 Bomber appears to be successful. The barrier to large scale commercial application of converting the United States’ vast coal reserves to liquid fuels continues to be the high cost of the...

    The article points out some of the pressures on coal producers. Not mentioned in the article is the new UMWA Contract that was recently approved by Consol, Peabody, and other mining companies that will place additional pressures. The Analysis Section lists the salient points...

This process technology of converting lipids to alkanes is fine.  However, in the US the IRS has yet to rule if this earns tax credits.  In the EU and other places this is not an issue.  In the US the National Biodiesel Board (esters) is seeking to slow this development of lipids...

    The Surface Transportation Board (STB) decision on January 25 that fuel surcharges in transportation agreements must more accurately reflect the actual cost of the movement and not be a “double-dip” is potentially good news for the beleaguered Powder River Basin (PRB) coal producers....

The Surface Transportation Board (STB) ruled on January 25, 2007 that fuel surcharges in transportation agreements must more nearly reflect the actual cost of the movement and not be a “double-dip”. This decision will impact the Class I Railroads’ coal transportation revenues for those coal transportation...