All GLG News Analyses Filed Under: Natural Resources

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...

Hatem Nasr with vMonitor Inc., Houston, reported in the September 22 issue of the Oil & Gas Journal that because of expanding use of electric submersible pumps (ESP), companies in the Middle East now deploy more surveillance and optimization technology. In many parts of the world, operators install...

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...

The Oil & Gas Journal reported in the issue of September 22 that Talisman Energy Inc is encouraged by tests from its first Utica shale gas well in Quebec’s St. Lawrence Lowlands. The firm holds 760,000 net acres. They plan to drill three more wells by end 2008. Gentilly-1, completed in the Utica,...

Hyun Young Lee (Dow Jones) reported in the Rig Zone Newsletter of September 19 that plummeting oil process have now been joined by the banking crisis in jangling the nerves of Canadian oil sands executives. Richard Gusella CEO of Connacher Oil & Gas said that if credit markets shrink, there will...

The ethanol industry has grown to nearly 10 billion gallons of annual production, currently replacing 7% of our gasoline.  Most of this production has come on line in the past 10 years and it may just be the beginning.  It appears that the respective economics of oil and biomass are rapidly...

This article has three main issues: 1) Aubrey McClendon, the CEO of Chesapeake Energy Corp, the second-biggest U.S. independent natural gas producer, says that up to 400 drilling rigs might shut down by the end of 2008; 2) There are worries that natural gas winter supplies will be less than anticipated...

Russia's primary revenue sources are taxes on oil and gas. Russia's oil taxes have been falling as oil prices fall and Russian oil production stagnates. Additional oil tax changes wil occur to spur new oil productiion and increase revenues.

The problem with predicting peak oil is that proven, probable & possible reserves are used as a basis for the estimation. The swing factor which can defer peak oil for many, many years is the unknown.

This commentary, first distributed on September 11, analyzes the fall of the Moscow RTS and MICEX main equity indices that began from their all-time highs four months ago. It retains its relevance irrespective of oscillations over the past ten days, which in fact conform to the analysis, pointing to...