GLG News by Offshore Drilling Rig Experts

    As the article points out, the U.S. Supreme Court ruled in a 5-4 decision that the Environmental Protection Agency (EPA) may regulate carbon dioxide (CO2) emissions. The analysis section below discusses how the EPA or a law enacted by Congress and signed by the President could...

    The Surface Transportation Board (STB) decided on January 25, 2007 that fuel surcharges in rail transportation agreements must more accurately reflect the actual cost of the movement and not be a “double dip” by including fuel-related costs also in indices utilized to adjust...

    The article references the March 2007 release of the report, “The Future of Coal in a Carbon Constrained World”, by a team of professors at Massachusetts Institute of Technology. The report, among other things, computes the utilization of coal in a carbon constrained world. The...

    The article reports on the cost of Duke Power’s proposed Cliffside Coal Plant in North Carolina. The increasing costs, and the reasons, for coal power plants are discussed in the analysis section.

    The article discusses the move in the railroad equities, Prudential’s initiation of coverage of the sector, and the lucrative nature of transporting coal     Another point for consideration is the CSX announced on March 1 that the tariff rate for coal...

Coal represents the hidden value in the TXU deal, the lock on profits that make it worth $32 billion to private equity investors.Even though coal plants cost more to build, the long-term profitability makes them more attractive.In a deregulated market given the potential profits of coal / nuclear plants,...

Is Texas facing a power crisis?Will mothballed natural gas-fired power generating capacity be able to meet Texas's power needs in the coming years?How "clean" are clean-burning natural gas plants?How "dirty" are coal plants.

    News announcements are that Kohlberg Kravis Roberts (KKR) and Texas Pacific Group (TPG) will concede to scale back TXU’s ambitious new coal plant building from the planned 11 coal units to 3 coal units in order to placate environmental and legislative groups. (One coal plant...

  Reliance of Brent and WTI futures for the price discovery Physical delivery requirement Oil price manipulation and price transparency Declaiming and marginal oil markers Concentration of ownership and storage facilities Oil prices are increasingly determined by the futures markets

  Meetings between Turkish and Israeli officials Underwater pipeline transportation of oil, gas water, and electricity from Turkey to Israel BTC pipeline with no Russian or Iranian influence Ashlelon to Eliat connection for Red Sea transportation route