GLG News by Natural Gas Experts (North America)

    The increase in coal prices will obviously increase the electricity generating costs at a coal plant exposed to these price increases.  The impact to Independent Power Producers (IPPs) and their potential margins is understood.  Regulated utilities, on the other hand,...

    The global coal availability and subsequent coal price explosion has provided a great benefit to Eastern U.S. coal producers.  The Western U.S. coals may not be able to appreciably directly-participate in the export surge.

The idea of cutting jobs to reduce costs has been the bane of the energy industry since the price crash of the mid-1980's resulting in enormous job losses and set the stage for today's vast shortage of personnel and human resources.  Despite such a vivid object lesson, both BP and Shell...

Bio fuels suffer from a simple law of nature, Total Energy out versus Energy -in. The synthetic fuels issue is a niche play as the magnitude of energy consumed is of such great magnitude that ethanol and other forms of synthetic fuels cannot supply a significant portion of the demand curve. The costs...

The Bloomberg article presents the view that the largest of the international oil companies will increasing find their access to major projects compromised by the intrusion and involvement of well-funded and frequently publicly traded National Oil Companies such as Petrobras, Gazprom, and PetroChina. ...

For over 100 years, the Western international oil and gas companies (IOC's) have dominated the global oil and gas scene.  However, their technology and personnel ranks were decimated by the layoffs of the 1980's and 90's. Now, the national oil companies (NOC's) are becoming increasingly tough global...

    If low water levels used for cooling caused nuclear plants to operate less or back-off entirely at certain locations, this would be bullish for coal-fired (and natural gas-fired generation) and mitigate or cancel the concerns of an economic slowdown on coal-fired electricity...

Allis-Chalmers announced their intended buy-out of Bronco Drilling at a price that is significantly above the company's last closing price, but still at about a 20% discount to Bronco's 52 week high.  Just as importantly, ALY is using their own beaten-down stock to underpin about 30% of the purchase...

The manpower shortage in the oil and gas sector has reached legendary proportions with one major oil company reporting that up to 70% of their technical workforce could retire in the next 7 years.  In the meantime, oil prices remain at record high levels as do profits and investment.  Given...

    Discussion has been made that a U.S. recession will cause a decline in coal consumption by the electric power sector.  This is unlikely based on coal’s relative cost to generate electricity and the historical coal consumption by the electric power sector in previous economic...