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Peabody Energy Corporation Message Board

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  • elle_cid99 elle_cid99 Mar 19, 2012 4:56 PM Flag

    coal 23%, Nuclear only 8% - facts

    Interesting discussion. Thanks for the link. Chesapeake has reduced drilling for natural gas because of the low price as have some other drillers--just as in your palladium example:at the unprofitable price, supply dwindles and price hits bottom and turns toward the upside. Only question is when the turn starts.

    I was surprised at how cheap coal remains vis-a-vis natural gas....assuming the figures are correct.

    If coal is that cheap, why would the emerging markets move away from coal just when they are trying to expand in every possible way?

 
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