GLG News by Oil and Gas Pipeline Experts

If the UK is to meet its greenhouse gas targets it is essential to replace and possibly increase its nuclear power station fleet.  As the main owner and operator of the present nuclear stations the position of British Energy (BE) is critical to success. Will the rejection of the EDF takeover slow...

The price of gas throughout the world has risen dramatically and the commercial potential of coal bed methane  is being re-examined. The main new source is Australia but other countries are following.  Europe with its need for gas and a history of mining may be the next major area.

Cushion gas is generally considered a liability as generally it will never be recovered.  Portland Gas Storage Limited a quoted UK company specialising in natural gas storage has filed a patent proposing a method of accessing cushion gas in times of exceptionally high demand. The concept is simple,...

The question as to whether or not anything can be done to control the rise in crude oil prices is not reasonable as it would relate to a global commodity such as crude oil. The better question would be is there anything that can be done to control the various groups that are contributing substantially...

Iraq is anything but stable and will remain so well into the near future. Expecting that their production can be increased over a sustain future at this point in time is more than optimistic, it is pure conjecture. Nothing in the present conditions of any segment of Iraq can be viewed as stable, not...

There are two issues that I believe are melded into one in this article. The first is do we have enough refining capacity in the USA and the second is do we have alternative oil sources in the USA that could displace crude oil purchases from abroad.

This analysis does not hold water for a number of reasons. Oil prices are easy to explain without the conspiracy theories that make for interesting reading and conversation but not in reality.

The US corn based ethanol policy was, is and will always be a failed policy and a boondoggle of incredible proportions. Adopting a sugar to ethanol policy would have tremendous positive impact here and to everyone involved. It should be done as quickly as possible.

Crude Prices are up approximately 30% this year. Product prices, especially diesel fuel have soared as well. Prices could decline  for many reasons: A stronger dollar forcing some speculators out of a short dollar long commodity position, significant declines in demand (or declines in...

Airlines are faced with a dilemma-- to hedge or not to hedge and if so how. Even Southwest Airlines, who runs the most agressive hedging program is at risk to increases in price as they note there is limited opportunity for heddging jet fuel.