GLG News by Oil and Gas Pipeline Experts

The statements made by OPEC president El-Badri are intended not for enlightenment to any observer. Not too many people on the planet are unaware of what effect military action in the region would have on the global economy, especially in the West. They are a clear attempt by the cartel (and several...

Policies in crude producing countries are equally as important and unfortunately, failed, as those of the importing countries. Deepening social issues in OPEC member nations carry added risks to importing nations that are not being understood well enough to adequately gauge their potential impact to...

Dialogue is always good. Positives can usually be found, especially when interests are shared and capabilities are synergistic. The G-8 countries have most of the tools and especially the commonality of interests to produce positive and responsible results to any of the issues they face in common. The...

The article and the fact of US trade with Iran brings forward the almost laughable state of diplomatic policy in the US. Another reason why the sanctioned nations do not fret all that much under sanctions, especially those initially imposed. While diplomatic searches to avoid armed conflict are in everyone's...

There is every reason to hope that the Washington brain trust will see the wisdom in removing this tariff. We should press all of our leaders to get behind this effort, it is more important than many of their compromised eyes can see. We should also press to abandon the current failed policy supporting...

There is no reason to doubt that the Saudi's have a real project here and have a significant vested interest in seeing that it and others like it are successful. The level of production and the timing of that production are unimportant in the much more important equation the West and the rest of...

Ethanol, biodiesel, jet fuel replaced by coconut oil(Virgin Atlantic just completed their first flight using this fuel alternative over the weekend), heating oil from restaurant waste oil and the list goes on. These are part of the equation for reducing price pressures on crude. Failed policies by political...

Domestic reserves of crude need to be developed to the fullest extent possible. Not doing so should be reason enough to remove whomever and whatever obstacle standing in the way. Enough of the hysteria about natural resource development from the environmentalists. For at least the next 30 years, this...

I am no defender of the President on energy policy. Let's get that said upfront. But, I am also not a defender of Bill Clinton, Bush 1, Regan, Carter and I think you get the drift. I am even less of a defender of virtually every Congress going back as far as Truman. But, enough is enough already! Energy...

Speculators do not make markets or create fundamentals that underpin markets. Speculators take risks to take advantage of markets or opportunities created by any form of imbalance in prices. It would be a mistake to think that wringing the speculators out of markets will restore much pricing stability...