GLG News by Offshore Drilling Rig Experts

U.S. coal sales and pricing have been hit the last several months as a result of much higher-than-normal coal inventories at coal-fired power plants.  One bright spot has been the increase in U.S coal exports.

    The article discusses the emissions from the top coal plants.  Sulfur dioxide is one of the emissions discussed in the article.  The article does not focus on how sulfur dioxide emissions from coal plants is approximately half of what they were in 1990 after the Clean...

Senate Bill 953 and House of Representatives Bill 2125 are crafted to help address the monopolistic powers of the nation’s Class I Railroads.  The Analysis section discusses the major points of the proposed legislation.  

Let there be no doubt that the recently passed House bill to extract US$16bn in new taxes is just a harbinger of things to come - especially if the Dems win the White House next year as they seem likely to do.  Ms. Clinton is going to make the O&G industry the new symbol of corporate excess. ...

1.  The combination of these two unique and innovative competitors in a very limited market is a one-of transaction. 2.  The companies themselves are operating at their historical highs and have all the capital and opportunities they need to grow independently. 3.  So...the only rationale...

Senators Bingaman (D –NM) and Specter (R – PA) introduced the “Low Carbon Economy Act of 2007” on July 11, 2007. It is designed to reduce CO2 emissions. The mechanics of the proposal legislation and the benefit to the coal industry are discussed in the commentary section.

Coal companies’ second quarter earnings will almost all state the high inventory levels at coal plants across the United State as one of the reasons for the lackluster coal demand and price. The commentary section discusses the current coal inventory, the reasons for this coal inventory, and the...

The Surface Transportation Board (STB) has been holding regional meetings to hear from coal shippers, other shippers, and the railroads regarding rates and service on America’s Class I Railroads such as BNSF, Union Pacific, CSX, and Norfolk Southern. These hearings are designed to allow shippers...

The Surface Transportation Board (STB) recently held hearings with railroads and coal shippers regarding the current level of service and rates from the Powder River Basin (PRB) coal mines in Wyoming and Montana. The STB hearing was a forum for coal shippers to vent their frustrations and the railroads...

The use of onshore windpower has made remarkable strides in the US where the proper conditions exist, for example, in Texas where windy conditions are endemic and where the body politic supports initiatives of this type. In contrast, the major US effort for offshore widnpower, the Cape Wind project...