bindlepete

Are Coal Stocks Heating Up?

Lot of coal for export piling up in Baltimore when I drove through today. More than I have ever seen before all north of the tunnel. I wonder who is buying? How much in Newport News or Southern Virginian seaports.

Rail Car Count Signals Turnaround for Coal Producers

This seem a bit silly. The coal shipments are first a function of electric demand ( some metalurgical but minor ) but they are dependent on the weather in the summer ( air conditioning) as they are base load for the utilities and easily influenced by the electric's coal inventories.

To place any faith in a one month figure as an index of economic activity is mucho risky. Forget it it is likely pure propaganda for the feel good confidence boosting pushers.