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GLG News by Thermal Coal Experts

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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 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.
Sam TimpanoSeptember 29, 2008
Oil prices did not "soar over doubts about bailout plan" as this author states.
Analysis of: Oil prices soar over doubts about rescue plan | www.iht.com
Author: Sam Timpano, President, Sam Timpano & Associates
The spike in oil prices on Monday was as far removed from the doubt on the Treasury's Plan as this author happens to be from a true understanding of crude trading. The only reason for the spike is what every novice trader who has ever stepped onto a trading floor knows--- a short squeeze on...
September 29, 2008
as the market evolves even legacy airlines need to maintain competitiveness
Analysis of: Qantas devours its own | www.businessspectator.com.au
Author: GLG Expert Contributor
qantas is in the difficult position of maintaining its current high yielding business and corporate market whilst developing a new low cost market, qantas is successfully developing a new low cost carrier in jetstar, qantas is in the unique position of being able to trial system improvements on the...
September 29, 2008
Aluminium market balance
Analysis of: Aluminum Producers Change Plans as Prices, Demand Fall | online.wsj.com
Author: GLG Expert Contributor
for the aluminium market to remain balanced over the coming few years would require world metal growth in the order 4% to 5%, thereafter for the aluminium market to remain balanced due to the reduced amount of announced increase in metal production necessitates a market growth of around 0.5%; ...
Sam TimpanoSeptember 29, 2008
The first issue is to characterize the Treasury Plan as a bailout. It is not that at all.
Analysis of: Everybody Calm Down. A Government Hand In the Economy Is as Old as the Republic. | www.washingtonpost.com
Author: Sam Timpano, President, Sam Timpano & Associates
With all due respect to the author, Washington is not the appropriate President to site as the authority that foresaw the current financial and economic issues we are facing today. Nor would many other Presidents be good examples. Not, Kennedy, nor Carter, nor Regan or even Clinton. In point of fact,...
Sam TimpanoSeptember 24, 2008
There is no problem here for AIG nor risk to Airbus, Boeing or others
Analysis of: AIG draws up list of assets for sale in attempt to prevent nationalisation | business.timesonline.co.uk
Author: Sam Timpano, President, Sam Timpano & Associates
AIG has sufficient assets to manage all of it's businesses effectively and efficiently. They also have more than adequate capability to buy itself back, if you like, from the US Treasury in short order. All of this is dependent upon the current stabilization plan presented by Treasury and the...
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
September 22, 2008
Natural Gas vs. Coal Generating Economics
Analysis of: NYMEX Natural Gas Rises with Crude, Damage Reports | www.forbes.com
Author: Thomas Shewski, Owner, High Energy Services
    The fuel-switching from coal to natural gas affects the demand and price for each commodity.  The commentary below discusses what issues are part of the analysis of a utility or merchant fuel buyer on whether to switch fuel sources to fuel power plants.

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