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GLG News by Natural Gas Experts (North America)

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December 17, 2007
U.S. Central Appalachian Coal’s Potential Price at the Mine Based on Its Export Potential to Europe
Analysis of: Newcastle Coal Exports Dip, Waiting Time Eases | economictimes.indiatimes.com
Author: Thomas Shewski, Owner, High Energy Services
    Thermal coal into Europe continues to be above $100/tonne (metric ton) for 2008 as measured by the API 2 Index into Northern Europe.  It is up ~67% from prices for this same period quoted at the beginning of 2007.       The commentary calculates...
Simon AtkinsDecember 17, 2007
Dow To Surprise, Gaining Ground In Hybrid Acquisitions And Innovative Mergers
Analysis of: Dow on the Hunt for Acquisitions | www.icis.com
Author: Simon Atkins, CEO, Global Disaster Risk Specialist, Advanced Forecasting Corporation
Dow Chemical is on the prowl.  And it has the confidence of a Tyrannosaurus Rex.  While sources cite Dow's ability to swallow up to 50-60 acquisitions, JVs or divestments, the quantity aspect is really not Dow's main goal.  While quality is more important, this time around,...
Simon AtkinsDecember 17, 2007
Algerian Minister's Words Provide 80% Confidence In OPEC Predictions
Analysis of: Crude-Oil Futures Decline On OPEC Comment | www.marketwatch.com
Author: Simon Atkins, CEO, Global Disaster Risk Specialist, Advanced Forecasting Corporation
Listen to what Chakib Khelil says:  his words predict the actions at OPEC better than some weather forecasts (excluding AFC's prognostications of course)! Words from OPEC sources almost always stoke a reaction on the Markets worldwide.  For the past 5 years, I have "tracked" important...
Simon AtkinsNovember 21, 2007
OPEC Will Likely Increase Trading In Other Currencies Because The Dollar's Depreciation Does One Thing OPEC Does Not Want To Do: It Increases Oil Demand
Analysis of: Oil Futures Rise Above $98 On Weaker Dollar: Heating Oil Hits New High On Low Inventory And Cold Weather Expectations | www.marketwatch.com
Author: Simon Atkins, CEO, Global Disaster Risk Specialist, Advanced Forecasting Corporation
This MarketWatch article is a better report because it does not beat around the bush.  The authors interviewed a professor who had some intelligent things to say.  First, when the dollar loses value, the demand for crude increases which naturally reduces oil supplies,...
Simon AtkinsNovember 21, 2007
The WSJ's Two Contrasting Views On The Sustainability Of $100 Oil
Analysis of: Why $100 Oil Can't Float | online.wsj.com
Author: Simon Atkins, CEO, Global Disaster Risk Specialist, Advanced Forecasting Corporation
First, I strongly do not agree with the article's assumption that oil at $100 is unsustainable.  One-hundred-dollar oil is just another round number, like $70, $80 and $90 -- all so-called "ceilings" of the past that were "incredulously" surpassed when the dollar devalued more, or violence increased...
Simon AtkinsNovember 20, 2007
What Happens To ADM Regarding Ethanol After The Honeymoon?
Analysis of: Ethanol's Uncertain Future Grows Risk For ADM | www.dailyherald.com
Author: Simon Atkins, CEO, Global Disaster Risk Specialist, Advanced Forecasting Corporation
When Archer Daniels Midland Co. (ADM) looks at itself in the mirror, it knows itself very well, and foremost, the management knows that its business has had and will continue to have ups and downs, based on commodities, politics, global weather, and a plethora of other risks, some of them not even...
Simon AtkinsNovember 19, 2007
Global Climate Change: Adverse Effects In The United States Already
Analysis of: Global Warming: An Interview with Spencer Weart | quicktolisten.org
Author: Simon Atkins, CEO, Global Disaster Risk Specialist, Advanced Forecasting Corporation
It is challenging to attribute specific natural phenomena, such as Global Climate Change (better worded than 'Global Warming' in my opinion due to the cooling witnessed in many parts of the world) to long-term causes, but an increasingly longer list of attributable effects are indeed...
November 16, 2007
Coal Scrubber Retrofits Will Greatly Increase Demand for High-Calcium Limestone
Analysis of: Critical to Economy, Limestone Has Low Visibility | www.statejournal.com
Author: Thomas Shewski, Owner, High Energy Services
    Coal plants utilize high-calcium limestone as a reagent in flue gas desulphurization (FGD or “scrubbers”) to remove the sulfur from the coal rather than it going up the stack as air emissions. The usage of this limestone will increase as scrubbers are included on new coal plants...
November 14, 2007
By the Numbers: Lost Coal and Railcar Sales as a Result of Cancelled and Delayed Coal Plants
Analysis of: Plans for Coal Power Plants Scrapped | ap.google.com
Author: Thomas Shewski, Owner, High Energy Services
    Many previously announced coal plants have been formally cancelled or delayed this year. This is the result of either regulatory rejections or uncertainty, cost increases because of materials and labor, or environmental (CO2 emissions) issues.     U.S. Department...
November 14, 2007
Cancellation of Coal Plants is Not Necessarily a Short Term Boom to Wind Power Projects
Analysis of: Rejection of Coal Plants Could Hurt Wind Farms | www.nebraska.tv
Author: Thomas Shewski, Owner, High Energy Services
    There have been several published reports of coal plant cancellations due to lack of the perceived need by regulators, differences in cost recovery in rates to consumers, the belief surrounding CO2 emissions or other reasons, Cancellation of the coal plant projects does not...

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