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GLG News by Natural Gas Experts (North America)

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Simon AtkinsSeptember 24, 2008
Natural Gas Decoupling From Crude; Take Chesapeake Energy Comments With A Grain Of Salt, Especially If Long-Range Winter '08 Forecasts Pan Out True
Analysis of: Natural Gas Futures Advance As Output Slow To Resume in Gulf | www.bloomberg.com
Author: Simon Atkins, CEO, Global Disaster Risk Specialist, Advanced Forecasting Corporation
This article has three main issues: 1) Aubrey McClendon, the CEO of Chesapeake Energy Corp, the second-biggest U.S. independent natural gas producer, says that up to 400 drilling rigs might shut down by the end of 2008; 2) There are worries that natural gas winter supplies will be less than anticipated...
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...
September 22, 2008
Coal Railcar Market
Analysis of: UBS Cuts FreightCar America to ‘Sell’ on Price | www.forbes.com
Author: Thomas Shewski, Owner, High Energy Services
    The commentary section discusses the current market and outlook for coal railcars
September 22, 2008
Natural Gas vs. Coal Generating Economics
Analysis of: NYMEX Natural Gas Rises with Crude, Damage Reports | www.forbes.com
Author: Thomas Shewski, Owner, High Energy Services
    The fuel-switching from coal to natural gas affects the demand and price for each commodity.  The commentary below discusses what issues are part of the analysis of a utility or merchant fuel buyer on whether to switch fuel sources to fuel power plants.
September 22, 2008
Coal Transportation Outlook for the Railroads
Analysis of: Railroad Shipping | www.logisticsmgmt.com
Author: Thomas Shewski, Owner, High Energy Services
    Although the year-to-date and outlook for many of the items transported by the U.S. railroads are down, coal transportation has been positive.  The commentary section below discusses the positives of coal transportation for the railroads.
Simon AtkinsSeptember 17, 2008
Linking Human Activity With Arctic Sea Ice Shrinkage: How Much More Wool Do We Have To Pull Over Our Eyes?
Analysis of: Arctic Sea Ice Shrinks To 2nd-Lowest On Record | www.usatoday.com
Author: Simon Atkins, CEO, Global Disaster Risk Specialist, Advanced Forecasting Corporation
Human beings boast about having kept sea ice records for just 30 years.  Then we have the audacity to say there is an “alarming trend” of arctic sea ice shrinkage.  The most frightening aspect is that this ‘theory’ that human activity is causing the majority of sea ice shrinkage...
August 19, 2008
Clean Air Ruling’s Potential Affect on Utilities and IPPs Long SO2 and NOx Allowances
Analysis of: Clean Air Ruling Raises Doubts Over Investments | www.cattlenetwork.com
Author: Thomas Shewski, Owner, High Energy Services
    Court’s decision vacating the Clean Air Interstate Rule (CAIR) potentially affects utilities or IPPs long the allowances as described in the section that follows.
August 18, 2008
Regulated Utilities Benefit from Environmental Retrofit Spending on Power Plants and on Shorter Depreciation Period
Analysis of: Proposal Would Cut Oregon Coal Plant’s Haze-Causing Pollution | www.oregonlive.com
Author: Thomas Shewski, Owner, High Energy Services
    When air pollution retrofits are placed on a power plant, a regulated, investor-owned, utility financially benefits.  An unregulated, independent power producer (IPP) does not necessarily financially benefit.
August 18, 2008
CAIR Ruling Makes it Cheaper to Turn Off/Bypass Scrubbers, But Unlikely to Happen
Analysis of: Power Failure: A Court Defeat for the EPA Leaves it Up to Congress to Tackle Utilities' Air Pollution | www.washingtonpost.com
Author: Thomas Shewski, Owner, High Energy Services
    The Court’s July 11, 2008 decision vacating the Clean Air Interstate Rule (CAIR) caused the price of SO2 emissions allowances to decrease less than the cost of operating a scrubber to reduce the SO2 emissions.  The discussions that follow discuss this and the likelihood...
August 18, 2008
Coal- to Gas-Fired Generation Considerations: It is Not Just Fuel Economics
Analysis of: Gas Drop Buoys Dynegy, Mirant in Slowing U.S. Economy | www.bloomberg.com
Author: Thomas Shewski, Owner, High Energy Services
    As the article points out, natural gas-fired generation may be cheaper than coal-fired generation in certain parts of the nation.  The section below discusses some of the items that go into the decision to fuel switch from coal to natural gas.

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