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Sales of U.S. coal in Europe are booming as European power companies forego natural gas, FT...

Sales of U.S. coal in Europe are booming as European power companies forego natural gas, FT reports. The U.S. is on track to break the 1981 record for coal exports of 112.5M tons, with Europe accounting for more than half of this year’s coal export tally. Little more than four years removed from its all-time peak price of $161/ton, coal dipped to $63 this week.
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Comments (2)
  • johnniewalker51
    , contributor
    Comments (4) | Send Message
     
    At these levels, I don't think you can go wrong with BTU or CNX. Lets hope Romney hammers it home tonite as well!
    3 Oct 2012, 10:53 PM Reply Like
  • freeman8201
    , contributor
    Comments (763) | Send Message
     
    Wouldn't ANR benefit too from the exports?
    4 Oct 2012, 01:13 PM Reply Like
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