Fuel Switching from Coal- to Natural Gas-Fired Electricity Generation
December 8, 2008
Oil Price Drop Forces Big Energy to Retreat | www.time.com
Current natural gas prices of approximately $6.00/MMBtu allow electricity generation on natural gas to be more economic compared to coal in certain areas of the U.S. This is further favored by the time of the year.
U.S. Thermal Coal Exports for 2009
December 8, 2008
U.S. Coal Export Boom Over for Now | www.guardian.co.uk
U.S thermal coal exports will be down in 2009 versus 2008 since the U.S.’s coal is no longer competitive into Europe and other world locations.
CSX Tariff Rate for Export Steam Coal to Rise January 1, 2009
December 8, 2008
CSX Tariff for Export Bituminous Coal | www.csx.com
The CSX is raising tariff rates for export steam coal on January 1, 2009
Rate Case Demonstrates Coal Transportation’s Attractiveness to Union Pacific and Other Railroads
November 14, 2008
Oklahoma Gas & Electric Files Rate Case Against Union Pacific Railroad for Coal Transportation | www.stb.dot.gov
The most recent Surface Transportation Board Rate Case filed by Oklahoma Gas & Electric (OG&E) against the Union Pacific Railroad (UP) for coal transportation from the Powder River Basin to the Muskogee coal plant actually shows the attractiveness of this move to the Union Pacific Railroad and other railroads. The commentary section describes the positive economics around this Rate Case to the UP.
Surface Transportation Board Rate Case Process and Why it is Biased for the Railroads
November 14, 2008
Oklahoma Gas & Electric Files Rate Case Against Union Pacific Railroad for Coal Transportation | www.stb.dot.gov
Another coal-transporting utility has filed a Rate Case at the Surface Transportation Board (STB) alleging excessive rates for coal transportation. This most recent case was filed by Oklahoma Gas & Electric (OG&E) against the Union Pacific Railroad (UP) for coal transportation from the Powder River Basin to the Muskogee coal plant. The commentary section describes the STB Rate Case process using the OG&E situation and its bias to the railroads.
Railroad Fuel Surcharge Court Case to Proceed – Potential Costly Outcome to Four Class I Railroads
November 12, 2008
Railroads Face Price-Fixing Suit on Surcharges | money.cnn.com
The suit alleges four of the Class I Railroads violated Federal antitrust laws with respect to fuel surcharge. The four Class I Railroads in the suit are CSX, Norfolk Southern, BNSF Railway, and Union Pacific Railroad. The time period is July 2003 through June 2007
November 4, 2008
CP Rail Expects DM&E to Earn More than Forecast | www.reuters.com
The Dakota Minnesota & Eastern (DM&E) Railroad was recently acquired by the Canadian Pacific (CP) Railway. The DM&E has for years been proposing an extension to the Wyoming Powder River Basin coal reserves. This project, if commenced, would upgrade an existing 600 miles of track and provide for 260 miles of new track expansion into the coal fields of the PRB. When the DM&E was a stand-alone Class II Railroad, it applied to the Federal Railroad Administration for Government-backed loan guarantees for this potential project. The submissions and comments related to this FRA filing tell of the potential affects on the DM&E, Union Pacific (UP), and BNSF.
Coal Rail Transportation Volume and Rate Increases Positive for the Railroads
October 20, 2008
Seminole Files Rail Complaint to Protect Its Members | www.marketwatch.com
The year-to-date and outlook for many of the items transported by the U.S. railroads are down, coal transportation has been positive. The discussions that follows list some of the positives for the railroads.
Labor, Permitting, Geology, and Inspections Hindering Coal Production, Adding to Costs
October 20, 2008
Interested In Workin' In A Coal Mine? | www.forbes.com
Coal companies have issued force majeure declarations to customers due to various production-related issues. These are discussed in the section below.
Refund on Coal Excise Tax Paid on Exports Contained in Emergency Stabilization Act
October 8, 2008
Coal Gets Help in Financial Bailout | wvgazette.com
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.
Shale gas abundance provides new options for energy companies
February 13, 2012
Chesapeake Energy bites the natural gas bullet
January 25, 2012
Flurry of newbuild drilling rig deliveries in 2012 may dampen rig rates
January 20, 2012
Talisman joins the ranks of cautious E&P companies
January 12, 2012
Early signs of caution begin to cloud frontier exploration and production
January 4, 2012