GLG News by Natural Gas Pipeline Experts (US)

Sam TimpanoPresidentSam Timpano & Associates

The first issue is to characterize the Treasury Plan as a bailout. It is not that at all.

September 29, 2008

Analysis of:Everybody Calm Down. A Government Hand In the Economy Is as Old as the Republic. | www.washingtonpost.com

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, each of these Presidents had no idea of where our financial system was moving, nor the implications of what "innovative financial engineering" was producing in the 20th and 21st century in which America lead the world. While Secretary Paulson has done a great job in creating a program that would address the needs of the global markets facing this potential meltdown of the US financial system, he is perhaps the worst "dog and pony show" man ever to have had to make a presentation to a not so intelligent audience.

Sam TimpanoPresidentSam Timpano & Associates

There is no problem here for AIG nor risk to Airbus, Boeing or others

September 24, 2008

Analysis of:AIG draws up list of assets for sale in attempt to prevent nationalisation | business.timesonline.co.uk

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 Fed to Congress is approved and implemented in a timely fashion.

Sam TimpanoPresidentSam Timpano & Associates

Federal and Exchange regulators are at fault as are the "Short Sell Raiders"

September 18, 2008

Analysis of:Stocks volatile amid uncertainty | news.bbc.co.uk

There are two primary failures that have produced these "death spirals" of the financial institutions in the US and affecting others across the globe.   On top of the lax oversight at the institutions themselves and the ever aggressive creation of instruments and derivatives, the following regulation lapses are key to the problem and to resolving the problem.   The mark to market rules put in place following the Enron debacle and the removal of the rules governing short sellers on the Exchanges

Sam TimpanoPresidentSam Timpano & Associates

This plan will help but no single plan or alternative can produce "Energy Independence"

July 31, 2008

Analysis of:IT'S TIME TO STOP AMERICA'S ADDICTION TO FOREIGN OIL | www.pickensplan.com

Wind power is an alternative that can help in the augmentation of reducing transport fuels from crude, however, it cannot produce energy independence. Every alternative should be developed and Pickens is making a very big business bet on wind.  He is in it for profit and the overriding factor for this major effort is to take advantage of the current climate in the public's mind to create awareness as well as garner support that will eventually be chaneled to congress for the support and continued subsidy this particular power source needs for economic viability. Also, one should also remember a major part of his solution involves the replacement of gasoline powered vehicles with natural gas, also a depleting commodity and another part of the energy complex where he has a major investment.

Sam TimpanoPresidentSam Timpano & Associates

Where is America headed?

July 22, 2008

Analysis of:The Breakfast Wars: Starbucks Learns to Cook | www.nytimes.com

The continuing decline of American influence in the world is a significant shift in geopolitics and represents an increasing danger to national and international security. The political catharsis and lack of leadership in the US is damaging our economic future but more worriesome is the lessening influence on international policies on major issues.

Sam TimpanoPresidentSam Timpano & Associates

A peak-oil and a post-oil plan is long overdue

July 21, 2008

Analysis of:Running On Empty | www.thenation.com

Paradigm shifts do not immediately show themselves. They move at glacial speeds and eventually catch and create great upheavals for the unprepared. US policy planners have failed for the past 30 odd years to look far enough into the future to avoid this first sign of a shifting paradigm that carries more risk for the US than most other nations. It is late, but not too late if reasonable and positive plans can be implemented.

Sam TimpanoPresidentSam Timpano & Associates

Hydrogen future is exactly that- future

July 21, 2008

Analysis of:Hydrogen future doable, experts tell Congress | www.msnbc.msn.com

By all expert opinions the viability for hydrogen as a significant part of the transport fuel equation is at least 20 years away. That should not be a reason to slow development otherwise, 20 years from now when we are going to have significantly higher need for this fuel source to offset more serious fossil fuel issues for transport fuels. Technologies for commercial production plants and investments into infrastructure for widespread delivery to the consumer are still being developed. Until these are more advanced the hydrogen part of the energy equation will be minimal.

Sam TimpanoPresidentSam Timpano & Associates

Newt is right but he is being too nostalgic

July 17, 2008

Analysis of:Do It All, Do It Now, Do It For America | www.humanevents.com

Every part of this article is accurate. I agree with every part of it save for two key points: 1. Our politicians are not at all like those that met the challenges of WW I and most especially WW II. 2. Our society has changed dramatically from that period as well and is so polarized on these critical issues that our future is more at risk now than when we faced the Nazis, Japan and others.

Sam TimpanoPresidentSam Timpano & Associates

Food supply and prices need not reach crisis

July 16, 2008

Analysis of:Higher food prices are here to stay | www.guardian.co.uk

Leaving out the political aspects of this issue is difficult but doable as long as the readers understand that politics have a lot to do with issues like this. Unilateral and coordinated planning can avert many of the issues the author of this source article presents. Technological advances in seeds and the resultant impact that can have on yields as well as land availability will also help. Farmer education in many countries will also help improve production. What is missing? Policies and programs to make it happen.

Sam TimpanoPresidentSam Timpano & Associates

Stating the obvious and a veiled threat, preview to a new era in oil geopolitics..

July 14, 2008

Analysis of:OPEC warns against military conflict with Iran | www.iht.com

The statements made by OPEC president El-Badri are intended not for enlightenment to any observer. Not too many people on the planet are unaware of what effect military action in the region would have on the global economy, especially in the West. They are a clear attempt by the cartel (and several key member nations who have bought the "Iranian insurance policy" that I have written about previously) to reverse pressures on Iran by the Western powers seeking to curtail the nuclear ambitions that they view as being more for military purposes than what Iran is stating. Welcome to the new world of economic hostage taking and blackmail.

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