GLG News by Oil Sand Experts

    The recent plunge in SO2 allowance prices may affect the decisions of coal-fired power plant owners.

    The D.C. Circuit Court of Appeals ruling on February 8, 2009 in favor of the plaintiffs that coal plants could not be removed from the list of mercury sources subject to a Maximum Available Control Technology (MACT) standard and the subsequent movements to require EPA to set...

    All of the various regulations being discussed in the U.S. Congress to slow, stabilize, and then reduce CO2 emissions nationally include some type of cap and trade system.  Each of these programs have a portion of the CO2 emissions allowances being allocated for free to...

    The biggest driver for orders of coal railcars will be the new coal plants coming on line the next few years.  The commentary section below discusses the number of new coal plants presented by FreightCar America on its Q1 2008 conference call versus an updated analysis by...

Although it represents a delay of about a month, the Northeast Gateway LNG is expected to receive its first cargo in May.  This Massachusetts offshore terminal will be the fourth new LNG terminal to start operations since April 1st of this year.  The four new terminals combined will almost...

A joint Canadian and Japanese research team have, for the first time, successfully produced a constant stream of natural gas from a gas hydrate well.  Using modified conventional technologies, the team was able to achieve steady flow without heating the surrounding ice.

Sustained high natural gas prices have spurred significant new exploration in North America, and these efforts are beginning to pay off.  Shale gas plays in the northeast, Texas and Louisiana, Quebec, and the upper midwest are expected to add 10 percent to U.S./Canadian gas reserves and 6...

    The BNSF and other railroads charge in new coal transportation tariffs and contracts a fuel surcharge to recover the cost of fuel.  Other freight moves also come under fuel surcharges.  The commentary that follows discusses by the numbers the BNSF’s fuel surcharge on...

    The EPA is currently being challenged in the courts by both the states and industry over various aspects of the Clean Air Interstate Rule (CAIR).  The outcome of the case could provide an opportunity for those trading SO2 allowances.

    SO2 allowances are traded daily in the broker and private party markets.  The value of these credits are down, affecting both the cost to generate electricity on coal and the realized sales price received by coal suppliers.