All Recent GLG News Analyses by Leading Experts at Advanced Forecasting Corporation

Simon AtkinsCEO, Senior Industrial Disaster Threat ForecasterAdvanced Forecasting Corporation

BP, NOAA, EPA Cover-Up: Neurotoxin Pesticide Dispersant Corexit's Lethal Effects

July 27, 2010

Analysis of:EPA Whistleblower Accuses Agency of Covering Up Effects of Dispersant in BP Oil Spill Cleanup | blog.alexanderhiggins.com

BP has poured nearly two million gallons of the dispersant known as Corexit (banned in the UK and 17 other countries) into the Gulf, and many lawmakers and advocacy groups say the Federal Government is not being candid about the lethal effects of dispersants.  At a recent Senate subcommittee, Maryland Senator, Barbara Mikulski, grilled administrators from the EPA about Corexit and said she didn’t want dispersants to be the Agent Orange of this oil spill.

Simon AtkinsCEO, Senior Industrial Disaster Threat ForecasterAdvanced Forecasting Corporation

No Question If BP Hayward Will Quit, The Real Issue Is Risk Of Seafloor Breaking

July 25, 2010

Analysis of:BP Chief Executive Tony Hayward May Quit Within Two Days, Telegraph Says | www.bloomberg.com

BP will publish its first-half 2010 results, and one deep wound it needs to heal at the same time as that announcement is telling the world that their CEO, Tony Hayward, is moving onto other things. BP will say that Hayward “has the board's confidence”, but behind closed doors, it needs him out to re-jack-up its stock price. That aside, the real scientific issue is the looming risk of sudden hemorrhaging of oil and methane due to pressure and a cracked pipe BELOW the seafloor bed. 

Simon AtkinsCEO, Senior Industrial Disaster Threat ForecasterAdvanced Forecasting Corporation

Government Says Gulf Oil Spill Hasn't Entered Human Seafood Supply. Really Now?

July 4, 2010

Analysis of:Food Safety Concerns Mount As Oil Found In Gulf Crabs | content.usatoday.com

Is oil from the BP Gulf disaster entering the food chain?  There are increasing food safety concerns.  First we had contaminated shrimp, and Red Lobster took them off their menu.  Then it was oysters leaking oil onto dinner plates (you didn't hear?)  Now golden globs have been found on newly-hatched crabs.   Organisms in the sea can accumulate the hydrocarbons, which could harm their ability to reproduce.  What happens when our food becomes contaminated and our air becomes toxic? 

Simon AtkinsCEO, Senior Industrial Disaster Threat ForecasterAdvanced Forecasting Corporation

Powerful Solar Storm Could Shut Down USA for Months: Oh Please, Enough Drama

June 17, 2010

Analysis of:As the Sun Awakens, NASA Keeps a Wary Eye on Space Weather | science.nasa.gov

Should we be concerned about NASA's warning about solar flares?  On June 8, a meeting called "The Space Weather Enterprise Forum" was held at the National Press Club in DC.  NASA says that the sun is going to produce very high solar flare levels and that our technology & society will be greatly affected.  NASA warns that a century-class solar storm coming before the middle of 2013 could cause twenty times more economic damage than Hurricane Katrina.

Simon AtkinsCEO, Senior Industrial Disaster Threat ForecasterAdvanced Forecasting Corporation

Ocean Therapy Technology Can Help Clean Up Oil Spill Environmental Disasters Now

June 6, 2010

Oil spill environmental disasters are a dime a dozen. The following list below briefly describes each major oil spill since 1967. Calculating how much oil has contaminated our oceans (total is well over 1 billion gallons) will make your mind spin. Kevin Costner's "Ocean Therapy" technology cost about $40 million to build (compared to a price-tag of at least $40 BILLION in clean-up costs to British Petroleum in 2010). Why has it not been used? We need to invest in cleaning our oceans now. 

Simon AtkinsCEO, Senior Industrial Disaster Threat ForecasterAdvanced Forecasting Corporation

Gulf Oil Spill Crisis, Active Hurricane Season Interaction & Industries Affected

May 28, 2010

Analysis of:Storm: Hurricane Outlook, Oil Spill A Possible Double Whammy For Gulf | www.therepublic.com

With the biggest oil spill ever, the Gulf of Mexico appears headed for a double whammy with the forecast of an "active to extremely active" hurricane season.  There's been much speculation about what might happen should a hurricane pass through the massive oil slick.  A hurricane could move oil through a storm surge and pushing oil-dispersant toxic 'aerosol' well inland with flooding rains.  What industries could be eventually impacted?  How DID the spill happen in the first place?

Simon AtkinsCEO, Senior Industrial Disaster Threat ForecasterAdvanced Forecasting Corporation

Relaxing Rules On Iceland Volcano Ash Clouds: Clearly Putting Money Over Safety

May 19, 2010

Analysis of:Britain Joins Ireland to Relax Rules on Ash Clouds | www.nytimes.com

Britain and Ireland have relaxed the rules governing the closure of their airspace due to volcanic ash.  The "new zone" now allows airlines to fly through areas where ash density exceeds the maximum threshold agreed to by European governments last month.  The volcano will likely continue to periodically steer its ash southeastward over Europe.  No engine modifications have been made.  Nothing has changed except the degree of safety has been lowered.  Clearly, money (lost) is being put first.  

Simon AtkinsCEO, Senior Industrial Disaster Threat ForecasterAdvanced Forecasting Corporation

Gulf Oil Rig Disaster -- Grossly Underestimated; Watch Tanker & MS River Traffic

May 11, 2010

Analysis of:Oil spill In Gulf Of Mexico: In Maps And Graphics | news.bbc.co.uk

Much of Louisiana's coastline will see oil come ashore going forward as SE winds up to 30 mph will carry the slick in expanding amorphous circles.  Seas of 5-6 feet will dramatically lower the efficiency of booms.  The oil will very likely go along the SW Pass entrance to the Mississippi River and further west, south and east as winds switch direction and the oil amount will likely continue to increase in size.The impacts have only been one percent of the situation this is likely to become.

Simon AtkinsCEO, Senior Industrial Disaster Threat ForecasterAdvanced Forecasting Corporation

The Forecast Mix Of Mr. Naimi, El Nino, An Oil Contango And The H1N1 Flu

September 23, 2009

Analysis of:The Old Man and the Sea of Oil | www.rigzone.com

For many a wrong reason, bulls in crude believe that the “Old Man” (Mr. Naimi) is right (in his saying there has been "a fundamental change" in the oil market) when he says that the global economy is recovering.  In addition, many oil bulls think the “Little Boy” (El Nino) will remain weak this winter despite most forecasts saying it won’t.  To top off the confusing mix of signals, let’s mix in the H1N1 flu. It’s strange, but the mix might be something that needs to go into a risk portfolio.

Simon AtkinsCEO, Senior Industrial Disaster Threat ForecasterAdvanced Forecasting Corporation

Natural Gas Decoupling From Crude; Take Chesapeake Energy Comments With A Grain Of Salt, Especially If Long-Range Winter '08 Forecasts Pan Out True

September 24, 2008

Analysis of:Natural Gas Futures Advance As Output Slow To Resume in Gulf | www.bloomberg.com

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 after hurricanes Ike and Gustav caused havoc in the Gulf.  Even though no winter forecast is given, it will be interesting to note what does happen with natural gas prices especially with a couple of early to mid-Fall and mid-winter Canadian blasts well below normal likely occur; 3) Will natural gas decouple from oil?

Page : 1234Next1 to 10 of 35