GLG News by Oil Sand Experts

One needs to look no further than the futures market to conclude that $100 oil is unsustainable.  As of November 13, NYMEX crude oil futures were trading in the mid-90's for December 2007 delivery, but the low 80's for December 2008 delivery and high 70's for December 2009 delivery.  That...

As the North American Grain harvest winds down for the year, the bumper crops in many areas are still awaiting transportation to market.  Below freezing weather has already arrived and snow can't be far behind.

With the lack of a coherent national energy and global climate policy, individual states like Minnesota (and previously California) are taking matters in their own hands.  This trend does not bode well for U.S. competitiveness, as a hodgepodge of 50 different planning environments does not make...

    As a quick background, a “paper barrier” is a provision contained in an agreement when a Class I Railroad sells a line segment to a Class III Railroad preventing or limiting the acquiring Class III Railroad from interchanging traffic with a connecting railroad other than the...

Liquefaction and pipelines in Alaska address the local desires to keep revenues and jobs in Alaska. Building a pipeline to somewhere in the south, like Valdez is very possible. ROW (Rights of Way, pipeline corridor) are already permitted and mostly available, and the access is available. Knocking...

Recent reports from the U.S. Department of Energy show that plans for tens of thousands of megawatts of new coal-fired power plants have been canceled or delayed.  The DOE had been projecting that 258 gigawatts of new capacity will be brought on line in the next 25 years, most of it fueled...

In what is believed to be a first, regulators in Kansas rejected an application for construction of a new coal-fired power plant because of concerns over carbon dioxide emissions.  The Kansas secretary of health and environment rejected the application of electric power cooperative Sunflower...

    Coal prices delivered into Europe are currently above $100/tonne (metric ton) as measured by the API 2 Index. This is up approximately 50% from prices being quoted for this same period at the beginning of 2007.     The commentary that follows evaluates the...

Coal-to-fuel (coal-to-liquids) technologies are receiving a great deal of attention with the recent high crude oil prices, concerns about imported energy and given America's ample coal supplies.  The North Dakota-based American Lignite Energy project would be located in the western part...

The United States Department of Agriculture (USDA) raised its estimate for the 2007 corn crop to 13.32 billion bushels, up from last month's estimate of 13.31 billion.  The Bloomberg article notes even higher forecasts, with a consensus of 13.44 billion.  This record crop may mean good news...