Re: Re: Re: Snow Storm in Northeast
by hamdengrinding . 46 minutes ago . Permalink
While its true that people that use electric to heat their homes from utilities that use coal is good for coal.the truth is that in the north the kilo watt hour price for electric is so high that most people use oil or nat gas,further more between the EPA and the low cost of nat gas I don't see that much of a bump for coal in the northeast. I am however optimistic that export demand and steel demand will drive up coal prices.