U.S. Daily Market Briefs - 7/4/2008




Coal
 
Washington (Platts) -- 2Jul2008 -- Platts weekly broker emissions indexes, along with its monthly broker emissions indexes and the daily OTC coal broker indexes are posted here so all market participants can evaluate our results. Our "Methodology... (Source: Platts - http://www.platts.com)

 
Washington (Platts) -- 1Jul2008 -- Platts weekly broker emissions indexes, along with its monthly broker emissions indexes and the daily OTC coal broker indexes are posted here so all market participants can evaluate our results. Our "Methodology... (Source: Platts - http://www.platts.com)

 
Washington (Platts) -- 27Jun2008 -- Platts weekly broker emissions indexes, along with its monthly broker emissions indexes and the daily OTC coal broker indexes are posted here so all market participants can evaluate our results. Our "Methodology... (Source: Platts - http://www.platts.com)

 
Washington (Platts) -- 30Jun2008 -- Platts weekly broker emissions indexes, along with its monthly broker emissions indexes and the daily OTC coal broker indexes are posted here so all market participants can evaluate our results. Our "Methodology... (Source: Platts - http://www.platts.com)

 
NEW YORK (Reuters) - Unlike previous U.S. coal booms, the current one is likely to last because of persistent world demand and output problems in other producing countries, an industry analyst said Thursday. (Source: Reuters - http://www.reuters.com)

Crude
 
(Source: Yahoo - www.yahoo.com)

 
Singapore (Platts) -- 24Jun2008 -- China National Offshore Oil Corp. has signed a Sales and Purchase Agreement to buy 2 million mt/year of LNG over 25 years from Qatargas, Qatari newspaper The Peninsula reported Tuesday. The deal was... (Source: Platts - http://www.platts.com)

 
London (Platts) -- 17Jun2008 -- Crude futures markets were weaker Tuesday extending the large downward movement which began in late trading Monday. At 1009 GMT, the August ICE Brent contract traded at $132.59/barrel, down $2.12... (Source: Platts - http://www.platts.com)

 
Oil prices eased a day after hitting a trading record of nearly $140 a barrel as investors weighed increased production from Saudi Arabia against the ability to supply developing countries. (Source: Yahoo - www.yahoo.com)

 
(Source: NYMEX - http://nymex.mediaroom.com)

Electricity
 
The Maryland Public Service Commission vowed Monday to pursue a complaint with the Federal Energy Regulatory Commission that could save Marylanders $2 billion on electricity costs over the next three years. (Source: BizJournals - http://www.bizjournals.com)

Emissions
 
A new draft plan from the California Air Resources Board points the way towards cutting the state's greenhouse gas emissions by 30% by 2020. The plan includes the expanded use of renewable energy and energy efficiency, plus a variety of other measures. (Source: USA.gov - http://www.usa.gov)

 
LOS ANGELES (Reuters) - California on Thursday took a major step forward on its global warming fight by unveiling an ambitious plan for clean cars, renewable energy and stringent caps on big polluting industries. (Source: Reuters - http://www.reuters.com)

 
California will introduce a plan to cut greenhouse gas emissions to 1990 levels in 12 years, mostly by capping emissions from utilities and other businesses. (Source: The New York Times - http://www.nytimes.com)

 
Birmingham, Alabama (Platts) -- 23Jun2008 -- Public Service Electric and Gas on Monday proposed a $45.9-million energy conservation program that would comply with a New Jersey law aimed at cutting the state's greenhouse gas emissions. The... (Source: Platts - http://www.platts.com)

 
Invites you to Finance IQ's 2nd Carbon Trading Summit - June 23rd - 25th, 2008At the Millennium Broadway Hotel, New York City Quick links: Download Brochure | Register Now Dear Colleague, ICAP would like to personally invite you to the upcoming Finance IQ event – 2nd Carbon Trading Summit which will be held on June 23rd - 25th, 2008 at the Millennium Broadway Hote, New York, NY. Don’t miss your chance to register with our special price! As a sponsor, we are offering you, our most important clients a 20% discount on the registration fees using the following code: EMICAP Carbon trading in the US has grown tremendously over the past years, and it is set to continue to expand even more so over the next decade. It is becoming critical for companies and investors to establish and improve their expertise and knowledge in the field. Attend the 2nd Carbon Trading conference and listen to industry leading companies and experts to prepare yourself for the latest development of regulation and changes in legislation, gain the necessary insight to forecast future prices, and find short- and long-term investment strategies. Don’t miss the opportunity to learn about the following: Carbon Emissions As An Asset Class On Wall St Expand Global Emissions Trading: Prospects For Standardized Carbon Offset Crediting The North American Voluntary Offset Market: A Buyer’s Perspective Maximize ROI On Cleantech And Infrastructure Investment Funds ICAP will be presenting the following session: CO2 Intensity In Industrial Portfolios And Strategies For Carbon Risk Management Learn about benchmarking CO2 intensity in various asset classes Discuss openness and disclosure of portfolio CO2 intensity Understand valuation of portfolio choices Examine regulations that address Co2 intensity Gary HartEnergy ConsultantICAP Register now at www.iqpc.com/us/carbontrading or call 1-212-885-2724. To receive your 20% discount, don’t forget to quote your registration code: EMICAP We urge you to take advantage of the opportunity to join us at the conference to learn and network with your peers. We look forward to seeing you in New York! Sincerely , ICAP

Natural Gas
 
(Source: NYMEX - http://nymex.mediaroom.com)

 
London (Platts) -- 3Jul2008 -- French energy group EDF is to wait until the end of 2009 to decide whether or not to build a 9-10 billion cu m/year LNG terminal at Dunkirk, northern France, with the scheduled start date 2013, a year... (Source: Platts - http://www.platts.com)

 
LONDON, Ky.----Kentucky USA Energy, Inc. , an early stage natural gas exploration and production company, announced today that the Company has received the first 2 permits of the 5 permit applications submitted to drill on the previously identified initial well sites in its New Albany Shale leasehold in western Kentucky. (Source: Yahoo - www.yahoo.com)

 
GE Energy has made a deal to help the nation of Qatar in its quest to become the world's top supplier of liquefied natural gas (LNG). (Source: BizJournals - http://www.bizjournals.com)

 
Washington (Platts) -- 19Jun2008 -- Voracious demand in South Korea and Spain will keep liquefied natural gas deliveries in the US low, which will be bullish to US gas prices, analysts at US investment bank Goldman Sachs said. Analysts... (Source: Platts - http://www.platts.com)