Nothing can help coal for the foreseeable future. It's hard to fight the president the left wing nut cases and the radical epa...obama is out to bankrupt as many coal companies as possible.....
There those who are creating a panic and saying coal business is dying and then there are news such as the following: "China & India Are Building 4 New Coal Power Plants – Every Week".
And you also can read news such as "World Resources Institute identifies 1,200 coal plants in planning across 59 countries, with about three-quarters in China and India".
For some reason yahoo is not posting my messages properly. The reply counter is not getting incremented and the message is not moving up.
I highly doubt it Georgiejim!!!!! What about the the electricity coming in to California from outside the state? Yeah, I thought so......
but he and harry reid sure love to gobble up california's water to supply las vegas with water fountains and swimming pools ...... where o where is their "concern" for sucking a state dry of it's water so casinos can look like taj mahals in the desert ??????
dumb post by a moron who apparently doesn't know how to read financial statements. Would that the federal government was in as
good a financial shape as ACI.
Your "real brain" has been putting money in this garbage for three years now and what does the chart and results say about your brain?
Professor Judith Curry, a climatologist and chair of the School of Earth and Atmospheric Sciences at the Georgia Institute of Technology, and Professor Roger Pielke Jr of the University of Colorado Boulder are routinely smeared for their stances. Prof. Curry points out the direct consequences for her:
“So what is the impact on a scientist of the so-called climate McCarthyism? As a result of smearings by [Joe] Romm, [Michael] Mann, et al., I am excluded from serious consideration for administrative positions at universities, offices in professional societies, consideration for awards from professional societies, a number of people won’t collaborate with me, and anyone who wants to invite me to be a keynote speaker has to justify this in light of all the cr*p that shows up if you google ‘Judith Curry’.”
jimjohn (many aliases) is a paid chicom solar pimp. the Obama is making millions for chicom solar manufacturers, and the US taxpayers get to fund their fortunes. really doesn't matter about coal or what a joke solar is, because the entire country is going down the toilet
. we have no borders anymore and we'll have to feed every other country's kids that they have rejected. no one has to work anymore. you just have to learn to scam the government giveaways. why work when you can live off the numerous government #$%$? chicoms love the American suckers--especially HRH Obama the first. history shows the great societies destroy themselves. that's what we are doing now. down the toilet.
Sentiment: Strong Sell
They are coming out with a solar chlorophyll patch they sticks to the forehead. You no longer need to eat and instead can derive nutrients from photosynthesis. I hope as a solar panel lover, you don't just short coal stocks and instead, actually buy solar stocks. All the alternative energy solutions out there merely supplement the mainstream fossil fuels. The main reason you have all this supplemental energy is because of a concern for exhaustion of these precious fossil fuels. One thing to understand that we may benefit from Solar and other alternative energy and a totally psychotic thing to assume that nobody wants the traditional fossil fuel energy. Solar only becomes attractive when fossil fuels become harder and harder to get and that means more expensive. That is why its called non-renewable energy, my wise friend. Non-renewable=exhaustable which becomes expensive and precious.
ACI will be worth way over 50 by 2020 :D
"In order to open a bigger artery to Asia, Peabody Energy partnered last year with SSA Marine on a proposal to build a coal terminal near Bellingham, Wash. Arch Coal acquired an interest in a similar port at Longview, Wash., on the Columbia River downstream from Portland. And this spring, energy giant Kinder-Morgan announced it had penned a deal with an unnamed Colorado coal producer to ship China-bound coal out of its Houston port."
Sentiment: Strong Buy
Sterne, Agee & Leach
Anglo American has settled the third-quarter metallurgical-coal benchmark with Japanese steel makers at $120 per metric ton for its premium German Creek brand.
Third-quarter met-coal pricing fell slightly short of expectations, but rollover price indicates met-coal markets appear to have stabilized along a bottom. We believe 40%-50% of global seaborne met-coal production is uneconomic at current prices. We expect more production cut announcements during the next quarter as currency values pressure margins from Australian shipped coals.
Anglo American [of the U.K.] and Japanese steel major Nippon Steel & Sumitomo Metal have agreed to July-September pricing of $120 per metric ton for Anglo's German Creek brand and $116 per metric ton for Moranbah North coal. Q3 benchmark price settlement is flat sequentially, but down 17% year-over-year. Given BHP Billiton ( BHP ) had recently offered its premium Peaks Down product to Indian steelmaker Sail at $123 per metric ton for July, the industry expectations were for a $3-$5 per-metric-ton sequential increase in the third-quarter benchmark. Third-quarter met-coal pricing fell slightly short of expectations, but the rollover price indicates met-coal markets have stabilized along the bottom.
We note that the Australian dollar has gained nearly 6% versus the U.S. dollar year-to-date and almost 2% since last settlement. Australian producers received A$130 per metric ton in the second quarter and A$160 per metric ton, versus A$127 per metric ton in the third quarter at the current exchange rate. Currency exchange data indicate the biggest bullish bet on the Australian dollar since April 2013. Stronger local currency hurts Australian producers' margins. The Queensland Resource Council had recently noted that despite vigorous cost cutting by all coal mines, 25% of all coal currently produced in Queensland is under water. Despite take or pay contracts, we have already seen many Australian miners shed jobs, idl
Oh, and I forgot the most important, when faced with the truth, the likes of JimmyJohn immediately resort to personal attacks. They can not argue fact, they have no clue and no basis. When personal attacks don't work (instead of issue discussion), they outright LIE. Case-in-point.
Another emperor with new clothes, how sad. Probably doesn't even understand where that comes from.
and all such money driven scams eventually collapse. Co2 is not only harmless to humans, its an essential element to life on earth, currently accounting for only one half of ONE PERCENT of 'greenhouse gases.
i don't think i've encountered anything quite like it in 25 years. Its way beyond "blood in the street'" levels. Among the factors impacting valuations: a President of the United States personally leading an effort to put coal companies out of business, combined with a massive multi decade pseudo-scientific fraud where AGW proponents have successfully rigged temp data sets, use fake computer models, shouted down opponents and shut off honest debate.
Rem when they struck Sadam's factories. That was years before we invaded his country. That was job well done. Weakened them up for us. How nice of them. They share so much in common with us. A true friend.