GLG News by Natural Gas Experts (North America)

The article correctly points out that the BNSF has had record earnings for the fourth quarter 2006, and full-year 2006. The BNSF’s coal transportation business out of the Powder River Basin (PRB) of Wyoming and Montana was a major contributor in this solid fourth quarter 2006 and full-year results....

    The United States has more Btu-equivalent coal in the Illinois Basin alone than the combined oil of Saudi Arabia and Kuwait combined. The U.S. coal reserves are very attractive for coal-to-liquid (CTL) conversion. Yet, because of the high initial capital investment and potential...

    The UMWA on Friday, December 15 tentatively agreed to a new agreement with Consol’s UMWA mines. This was a much-watched negotiation because of its impact on coal supply and cost. The analysis section below describes what is known of the agreement

    The Powder River Basin Joint Rail Line is owned equally by the Union Pacific and BNSF Railway. The Powder River Basin Joint Rail Line experienced a meltdown because of dual derailments in May 2005 that resulted in deliveries only meeting approximately 85% of scheduled demand...

    In early December, the BNSF Railway announced that Roger Nober will join the BNSF effective January 1, 2007 as Executive Vice President, Law & Secretary reporting to the company’s Chairman, President, and Chief Executive Officer Matt Rose.     Roger...

    In early-December 2006, the BNSF filed with the Surface Transportation Board (STB) that if the Dakota, Minnesota & Eastern Railroad (DM&E) was successful in adding the proposed additional 260 rail miles to create a third rail line into the Powder River Basin coal fields,...

Algeria's energy minister said OPEC may call for deeper production cuts during OPEC's mid-December meeting in Nigeria. The expiring December contract just closed at its lowest level in 17 months, suffering a loss of more than 6% for the week.  This is for three reasons:  a) there are many...

The media hype on alternative energy does not reflect the reality. A lot of the reason for that is lack of knowledge of the energy industry by those that write about it. It will take decades to transition to alternative energy but more importantly today's energy infrastructure is now turning toward...

Natural gas inventories are continuing to rise toward a record, which is a) putting a larger strain on storage capacity, and b) forcing producers to shut down wells.  Since prices don't fully reflect the inventory level, storage is on track for a record November peak that will test the limits of...

Powerspan was awarded a deal to provide emissions control technology to American Municipal Power (AMP) at its proposed 1,000 MW coal-fired plant. Utilizing this technology will make the facility’s emissions one of the cleanest in the nation. The emissions to be reduced include SO2, NOx, mercury, and...