GLG News by Nuclear Power Experts (North America)
Analysis of:
Corn Ethanol Loses More Support (article.wn.com)
The U.S. Congress's mandate to blend ethanol from corn into our gasoline supply has contributed to higher food costs. Producing ethanol from corn can be energy-intensive and competes with our food supply.
Analysis of:
"Chindia" Rushes Into Solar (sst.pennnet.com)
As other countries continue to thrive on the solar boom, the United States is falling behind in solar cell capacity and adoption of panels and plants. China surpassed Japan and Germany in 2007 as the top world producer of solar cells, and may eventually develop a monopoly over time. ...
Analysis of:
Global steel prices - brace for a correction? (www.reuters.com)
The article rightfully points out to the increase in demand for steel products and metals in general and that countries as India, China and the Middle are one big construction site with high demand for raw metals thus increasing prices of the benchmark products such as hot-rolled carbon steel...
Analysis of:
StatoilHydro starts CO2 injections from Snohvit (www.ogj.com)
StatoilHydro ("Statoil") is sequestering CO2 to reduce greenhouse effects from their LNG liquefaction plant at Snohvit. This is a large scale commercial CCS project of interest to all CO2 sequestration planners.
Analysis of:
Shell considers carbon capture for Browse project (www.ogj.com)
For the Western Australian Browse floating LNG (FLNG) project Shell is evaluating CO2 capture and geo-sequestration (CCG). Other parties call it CCS (Carbon Capture and Sequestration).
Analysis of:
Exxon Plan is Rejected in Alaska (online.wsj.com)
The State of Alaska is disappointed in the slow progress of Exxon's development of the Point Thomson natural gas and oil field. A law suit is simmering about revoking the license for Exxon and partners Chevron, BP and ConocoPhillips. There has to be a solution.
Analysis of:
Saudis Face Hurdle In New Oil Drilling (online.wsj.com)
The Khurais field has been studied by Aramco for some time. 2.8 million three-dimensional images have been taken to understand a water flood of the field to pressurize the oil in the tight geological formation. 2.4 million barrels of seawater have to be injected to the low pressure...
Analysis of:
iSuppli lowers semi sales forecast to 4% (www.edn.com)
As AMD and other semiconductor companies continue to spin their wheels, lay off engineers, consolidate product lines further, and watch their executives walk out the door, leading to a major decline in revenue, hopefully they will try to replicate the Intel model for doing business in...
Analysis of:
Cleaner Air Means a Warmer Europe (www.spiegel.de)
Europeans have finally recognized you can not just attack one single variable and achieve freedom fro global warming. For example, legislating clean air - no particulates - increases sunlight penetration, resulting in increased surface temperatures. Humans do not understand how earth compensates...
Analysis of:
Akgeria to Seek Short-Term Gas Deals (online.wsj.com)
Algeria is the fourth largest natural gas (NG) exporter being as LNG and/or by pipeline to Spain and Sardinia. Since the LNG developments in the seventies for export to the US East Coast and UK, Algeria's oil & gas company Sonatrach worked with long term contracts. Trying to align NG...
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