Market Currents
The coal glut faced by GenOn (GEN) - which recently declared force majeure on coal purchases -...
-
Tuesday, June 19, 2012, 12:54 PM ETThe coal glut faced by GenOn (GEN) - which recently declared force majeure on coal purchases - is emblematic of the state of the industry, as U.S. utilities burn more natural gas. The combination of supply and demand forces means thermal coal prices are unlikely to recover any time soon, executives and traders say.
Other date
Latest Energy & Materials Articles
