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GLG News by Oil and Gas Refining Experts (North America)

January 28, 2008
Why Oil Prices are High
Analysis of: Oil prices: OPEC's high wire act (money.cnn.com)
In the article there are issues that give us a glance of why there are high oil prices:   Speculation and Ignorance
Thomas Shewski, Owner
High Energy Services
Analysis of: South’s Drought a Threat to Nuclear Power Plants (www.freep.com)
    If low water levels used for cooling caused nuclear plants to operate less or back-off entirely at certain locations, this would be bullish for coal-fired (and natural gas-fired generation) and mitigate or cancel the concerns of an economic slowdown on coal-fired electricity...
Jeff Moser, President
West Branch LLC
Analysis of: Emission Control Technologies for Diesel Powered Vehicles (www.meca.org)
Automotive OEMs are scrambling to introduce new diesel models that offer the needed 35 mpg while meeting the same strict emissions standards as the gas powered competition.  Advanced emission control technologies make modern diesel cars as clean as gas while lowering greenhouse gas emissions...
January 22, 2008
Needed Coal
Analysis of: Citigroup forecasts 'dim' 4Q mining/metals earnings outlook (www.stockhouse.ca)
Coal is abundant, cheap and USA produced Weak dollar, oil supplies problems will make coal the primary source of energy while nuclear is being slowly rough back into the mainstream of power generating Coal a source of investment and job generation Coal less pollutant every day  
Thomas Shewski, Owner
High Energy Services
Analysis of: Citigroup forecasts 'dim' 4Q mining/metals earnings outlook (www.stockhouse.ca)
    Discussion has been made that a U.S. recession will cause a decline in coal consumption by the electric power sector.  This is unlikely based on coal’s relative cost to generate electricity and the historical coal consumption by the electric power sector in previous economic...
Thomas Shewski, Owner
High Energy Services
Analysis of: Idaho Power wants to invest in wind power: Your rates could go up initially, the company says about a plan that would invest money from selling sulfur dioxide emission allowances. (www.tradingmarkets.com)
    Coal generators have been taking efforts to reduce sulfur dioxide (SO2) emissions from coal-fired power plants.  Regulated utilities are required to treat the reduced SO2 emissions differently than unregulated utilities, merchant generators, and independent power producers...
Thomas Shewski, Owner
High Energy Services
Analysis of: Snowpack Brightens Power Outlook (www.missoulian.com)
    The Pacific Northwest has a tremendous amount of installed hydroelectric capacity.  The first and second quarter earnings of the investor owned utilities in the Pacific Northwest very greatly with hydroelectric conditions.  Preliminary reports are robust for the snowpack...
Michele Acerra, Independent Consultant
Michele Acerra, Independent Consultant
Michele Acerra
Analysis of: Oil groups seek a burst of energy (www.ft.com)
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...
Thomas Shewski, Owner
High Energy Services
Analysis of: New Coal ETF Offers Alternative to Oil (seekingalpha.com)
    Van Eck’s Market Vectors Coal ETF (KOL) is designed to track the coal markets through the recently released Stowe Coal Index.  The index is comprised of 60 companies around the world in the coal industry.       Comments that follow discuss the...
Jeff Moser, President
West Branch LLC
Analysis of: More marques anticipate greater demand for diesel cars (www.platinum.matthey.com)
Production disruptions in South African mines coupled with growing demand for diesel emission control catalysts has pushed Platinum over $1500.  As supply side mine production issues are resolved demand should continue to grow due to tighter emission regulations and increased diesel penetration...

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