18
May , 2012
Friday

written by Commodity Point

Europe & Asia Pacific

Tel: +420 533 433 822

Americas

Tel: +1 281-207-5440

CTRM Blog

Optimizing assets across the portfolio to increase profits and cut costs is a critical topic in trading, risk management, and logistics departments across energy companies. This white paper takes a closer look at challenges facing energy commodities today and provides essential guidance to take hedging and risk management to the next level.
OpenLink
London Conference 29th & 30th May - The CTRM Technical Conference Series is at the Cumberland hotel, London for a two day conference based around important technical issues in the commodity trading and risk management business function including; CTRM Software, Risk Management Software, Data Management and more. The conference is taking place ...
london-conference
Paragon Consulting Corporation is a leading provider of Credit Risk Management Software to participants in the competitive energy markets throughout North America. Its flagship product Vanguard allows credit risk professionals to employ up to the minute decision making while utilizing integral counterparty, agreement, exposure, collateral, and advanced credit analytics.
vanguard
Morningstar provides superior quality market data and analytical products for energy data management systems, financial and agricultural data management, historical analysis, trading, risk management and forecasting. Founded in 1988, and now a subsidiary of the investment research powerhouse, Morningstar is the global leader in providing software to perform sophisticated historical equity, ...
morningstar
CommodityPoint was created to help to bring focus and clarity to the broad array of issues surrounding the wholesale trading of commodities. Our team provides expert analysis of market trends and, in particular, the technologies and applications supporting those that participate in regional or global commodity markets. CommodityPoint is the foremost analyst firm ...
commodity-point

Volcanic Ash?

Posted by Gary M. Vasey On April - 19 - 2010

Having spent almost 3 days trying to get home from London (more on THAT experience later), I am following this volcanic ash story with some considerable interest. What I do not understand is how everyone – media included – is accepting what has happened without any questions? Whatever happened to investigative journalism?

Let’s face it, look up at the sky and its blue and clear across Europe. Airline test flights have flown and there has been no damage, no problems and in fact, no ash. Meanwhile, the BBC radio reported last night that several airlines trying to oppose this situation have discovered that the WHOLE ban on flying is based on computer models and that NOT ONE single balloon has sampled the atmosphere over Europe. Furthermore, why is there a complete ban on air travel and not just jets? Turboprops have filters fitted and fly at lower levels so why are they grounded too? Meanwhile, airlines are going bankrupt and 6.7 million people are suffering.

So who took this decision and why?

The media have blatantly reported nothing but what they were told to report. Even going through how ash clouds damage jet engines and providing stories of two incidents with near disastrous consequences. But… both those planes ran into problems when they flew DIRECTLY into ash clouds above active volcanoes – not flying through some dispersed ash from a distant volcano.

I guess as an analyst constantly asking questions I am stunned that this could occur and no one – except belatedly the air lines whose very existence is threatened – would ask questions. OK – its a health & safety issue I know but surely more investigation and thinking about this problem should be taking place? Right?

You can leave a response, or trackback from your own site.

1 Response

  1. Manoj Chennamangalam Says:

    Only answer I can think of is that “inertia” epidemic is taking over the world. More people are wanting “to let things be” and “to follow the path of least resistance”

    On the ground – many are taking this as a pleasant excuse to be not at work.

    Regards
    M

    Posted on April 20th, 2010 at 10:23 am

Leave a Reply




Recent Comments

CommodityPoint was created to help to bring focus and clarity to the broad array of issues surrounding the wholesale trading of commodities. Our team provides expert analysis of market trends and, in particular, the technologies and applications supporting those that participate in regional or global commodity markets.

Recent Comments

Three Weeks At CommodityPoint by Mark Tredway

On Feb-11-2010
Reported by Gary M. Vasey

OpenLink’s Announced Acquisition of SolArc: Views from the Top

On Nov-3-2011
Reported by Patrick Reames

Triple Point Acquires Softmar

On Jan-11-2010
Reported by Gary M. Vasey

Amphora Opens Zug Office

On May-3-2011
Reported by Gary M. Vasey

Recent Posts