GLG News by Natural Gas Experts (North America)

Hans LinhardtPresidentLTDI, Inc.

DOE moves from Coal Gasification to Coal Oxy-Combustion

August 9, 2010

Analysis of:DOE Funds New FutureGen Project | www.chemweek.com

DOE decided to cancel funding for coal gasification and instead stimulus fund with $1 billion a coal oxy-combustion process for retrofitting a 200 MW coal power plant in Meredosia, Illinois and construct a CO2 storage facility in Matton with pipeline connections to the power plant.  L'Air Liquid is supplying the oxygen plant and Babcock and Wilcocx retrofits the coal combustion boiler.

Hans LinhardtPresidentLTDI, Inc.

Harry Blinked and T. Boone Smiles

August 3, 2010

Analysis of:The Death of Cap and Tax | online.wsj.com

Senate Majority Leader Harry Reid finally understood the negative economics of cap and trade (cap and tax) and shelved the President Obama initiated energy bill with cap and trade provisions in lieu of a new energy bill with a $5.8 billion subsidy for natural gas vehicles.   

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. 

David TkachukFounder and President PROCONSULT International Inc.

IEA reports China has surpassed the USA as top energy consumer

July 20, 2010

The International Energy Agency (IEA), an oil & gas industry icon and energy advisor to many of the world's key countries, reports that China has indeed become the world's largest energy consumer, well ahead of expectations. China has been quick to deny this. While controversy swirls on this monumental change in world order other statistics maintain the status quo.

Hans LinhardtPresidentLTDI, Inc.

Modular 125 MW U.S. Nuclear Reactor gets Traction

July 14, 2010

Analysis of:Bechtel to Back Small Nuclear Plants | online.wsj.com

Bechtel, the world's most experienced and recognized nuclear power plant contractor  will partner according to WSJ with Babcock & Wilcox to bring 125 MW modular nuclear reactors to the market in a very short time.

Hans LinhardtPresidentLTDI, Inc.

BG and Santos have to reconsider their CSG to LNG projects in Queensland

July 13, 2010

Analysis of:Coal seam gas projects face delay | www.smh.com.au

BG and Santos have diligently worked for over two years on their Coal Seam Gas ("CSG") to LNG projects to export LNG from Gladstone and Curtis Island terminals. However, after submission of over 15,000 pages of environmental impact reports by both parties the present political climate before the fall election has stopped the project and Environmental Protection Minister, Peter Garrett asked BG and Santos to resubmit their environmental impact studies, being supposedly deficient in options for the utility infrastructure requirements.    

Hans LinhardtPresidentLTDI, Inc.

BP Shares Become Attractive for Play by Libya

July 7, 2010

Analysis of:Libya Oil Chief Sees Value as BP Shares Rise | online.wsj.com

WSJ reported today that Libya shows interest in acquiring shares in BP as their share price is now lower by half since the Gulf Coast disaster.

Hans LinhardtPresidentLTDI, Inc.

Alaskan Oil Challenged by Russian ESPO

July 6, 2010

Analysis of:Russia-To-Asia Pipeline Takes Detour to U.S. | online.wsj.com

The Russian Eastern Siberia- Pacific Ocean pipeline project ("ESPO") is now delivering medium-heavy sweet crude ("ESPO Blend")  from their Pacific Kozmino Bay terminal to the U.S. West Coast.  Refineries from the Puget Sound to Los Angles can keep the gasoline prices down with this new source of attractive priced and good quality crude.  

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? 

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