GLG News by Oil and Gas Pipeline Experts

The USA is so focused on gasoline that in my opinion many have lost sight of the fact that the oil market is being led up by strong diesel demand around the world. Oil prices are up roughly 30% since the beginning of 2008, and although the fundamentals in the long term point to higher...

With all commodity prices soaring and the consumer on the street being squeezed from all sides, politicians everywhere are looking to place blame. Speculation on the futures exchanges from the long side is only one of the many reasons that have caused oil prices to rise.

I think the information presented in the article is consistent with Western Union picking up market share from competitors. Despite flat U.S. revenues over 05-07 period and likely near flat revenues from the U.S. in Q108 in part attributable to the Mexican results, Western Union has gained significant...

Refiners without VGO and residuum conversion capacity are going to face a difficult future. Gasoline and diesel sulfur specifications have been reduced in many parts of the world and will continue to be more restrictive. Bunker fuel will also have lower sulfur specifications in the future forcing refiners...

For a number of very good reasons, the author posits that producing ethanol from sugar makes much more sense that making ethanol out of corn. Few can argue that converting sugar to ethanol is more efficient than converting starch to sugar and then to ethanol. However, I think that part of the story...

The Federal Energy Regulatory Commission's recently issued Notice of Proposed Rulemaking on the Standards of Conduct applicable to natural gas and electric transmission providers would establish revised standards for preventing anti-competitive information sharing between those trasmission...

The ethanol industry profitability continues to be plagued by many factors beyond its control. Volatile feedstock costs, infrastructure limitations and the threat of imports just as prices rise hamper margins. This calculation by Reuters on the date of this articel, March 6, 2008 may indicate better...

Ethanol production capacity continues to rise. With a current capacity of 7.9 BG/yr, refiners and blenders need the timely completion of projects under construction to meet the 2008 mandate of 9 BG/yr. With another 5.4 BG/yr under construction this seems assured. However it seems to me the Table is...

While much has been written regarding the potential for natural resource shortages in the energy industry, recent articles have highlighted a shortage no less severe: the shortage of highly qualified technical personnel.  The skill level of personnel is often cited as one of the leading causes...

In the last twenty years European refining capacity has been strongly reduced due to poor margins, and this should automatically generate additional investments for modernization and upgrading of units. However, demand for gasoline is decreasing in Europe and slowing in North America. The main...