Coal Investors Partying Like It's 1999 [View article]
monday news, one more coal plant bites the dust:
Power plant plan fizzles. BP (BP) and Rio Tinto (RTP) cancelled a plan to build a $1.5-2B coal-fired power plant in Australia. The plant was canned after the firms discovered rock formations in the area would not fully seal-in carbon dioxide deposits.
Coal Investors Partying Like It's 1999 [View article]
@trimagna the price of coal varies a lot like oil depending on energy content & sulpher. sweet oil is $126 canadian oil is heavy & sour and $60 coal can vary like that too.
ANR was $16 last year, up 400% it's hard to impossible to build a new coal electricity plant in the US. the future is not good, this is just a part of the commodity boom
Coal and Steel Stocks Take A Hit [View article]
Buying momentum stocks after they peaked and are on the way down is a sucker trap.
The worm has turned, now the momentum is down.
It's Not Too Late to Buy Coal [View article]
But now?
More likely a regression to the mean at these prices.
Coal Investors Partying Like It's 1999 [View article]
Power plant plan fizzles. BP (BP) and Rio Tinto (RTP) cancelled a plan to build a $1.5-2B coal-fired power plant in Australia. The plant was canned after the firms discovered rock formations in the area would not fully seal-in carbon dioxide deposits.
Coal Investors Partying Like It's 1999 [View article]
the price of coal varies a lot like oil depending on energy content & sulpher.
sweet oil is $126
canadian oil is heavy & sour and $60
coal can vary like that too.
ANR was $16 last year, up 400%
it's hard to impossible to build a new coal electricity plant
in the US.
the future is not good, this is just a part of the commodity boom
Global Warming Up to a Hydrogen Economy [View article]
Currently to get hydrogen electricity is used,
what advantage does H have over electricity?
The conversion wouldn't be 100% so H would
cost more.
You talk about future technologies that would
make H at a cheap price.
Ha
Show me.
Buying More Arch Coal on "Disappointing" 70-110% Earnings Growth [View article]