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

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October 8, 2008
Refund on Coal Excise Tax Paid on Exports Contained in Emergency Stabilization Act
Analysis of: Coal Gets Help in Financial Bailout | wvgazette.com
Author: Thomas Shewski, Owner, High Energy Services
    As the referenced article states, there are many benefits in the Emergency Stabilization Act for the coal industry.  One not discussed is the refund of the coal excise tax.  The commentary section discusses this.
October 8, 2008
SCR and Urea logistics for 2010 trucks
Analysis of: DEF Infrastructure in good shape. | fleetowner.com
Author: Jeff Moser, President, West Branch LLC
2010 EPA NOx regulations are leading most OEMs to design in Urea-based SCR catalysts.  Truckers will need to refill the Urea tank periodically and need widespread availability of the chemical solution at most truck stops and fuel depots.  While readily available, the intermodal distribution...
October 7, 2008
Refined Coal – Things to Consider as a Result of Changes to Tax Credit Qualification
Analysis of: Congress Extends Refined Coal Tax Credit | www.marketwatch.com
Author: Thomas Shewski, Owner, High Energy Services
    The Emergency Stabilization Act signed into law on October 3, 2008 includes an extension of tax credits for renewable energy and refined coal.  The discussion that follows includes items to consider regarding the refined coal tax credit.
October 6, 2008
Aging cycles key to accelerated technology development.
Analysis of: This is the car of the future | www.nationalpost.com
Author: Jeff Moser, President, West Branch LLC
Key automotive technologies are measured by two primary metrics:  performance and long term durability. Automotive components and systems are exposed to extreme conditions on a daily basis and OEMs must accurately simulate these in testing if they are to bring new technologies to market in a timely...
October 3, 2008
Platinum falling due to spot surplus - long term demand bullish
Analysis of: Platinum falls towards price parity with gold | www.busrep.co.za
Author: Jeff Moser, President, West Branch LLC
Automotive production declines have alleviated the supply deficit for Platinum since 2007 as consumption for catalytic converters has fallen. Future production rebound and pending emissions regulations will increase demand at or above 2007 levels.
October 3, 2008
Cost of Clean Diesel = major threat to operators in California
Analysis of: Ports ready to enforce clean-trucks plan | www.joc.com
Author: Jeff Moser, President, West Branch LLC
California has the most stringent requirements in the world for retrofitting or re-powering older diesel engines with advanced emission controls. As written the cost for compliance can exceed $10K per engine in many cases. Fleet owners and operators are faced with tough choices as they near compliance...
Hans LinhardtSeptember 29, 2008
Exxon secures LNG for Italy
Analysis of: Offshore LNG terminal moved to Adriatic off Italy | www.ogj.com
Author: Hans Linhardt, President, LTDI, Inc.
Exxon's offshore LNG terminal, the world's first of it's kind, has been just located in the Adriatic 10 miles off Porto Levante, Italy for supply of  about 10% of Italy's natural gas requirements by 2009.  The design capacity of the terminal is 775 MMcfd of natural and will be delivered to...
September 29, 2008
Good life ahead for those who were responsible of the financial crisis
Analysis of: Accord on rescue plan | money.cnn.com
Author: GLG Expert Contributor
700 Billion dollars to golden parachutes, lawyers, politicians, wall street brokers, CEOs, CFOs, Senators, autonominated regulators and oversight. 
September 22, 2008
Activated Carbon for Mercury Control – Potential Demand
Analysis of: ADES: Multi-Year Supply Contract with Luminant for Activated Carbon | www.tradingmarkets.com
Author: Thomas Shewski, Owner, High Energy Services
    The D.C. Circuit Court of Appeals ruled 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 a...
September 22, 2008
Coal Railcar Market
Analysis of: UBS Cuts FreightCar America to ‘Sell’ on Price | www.forbes.com
Author: Thomas Shewski, Owner, High Energy Services
    The commentary section discusses the current market and outlook for coal railcars

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