Another bloody day?
I believe OSage was commenting before this latest NatGas fracking explosion (not to be taken literally).This may be the car versus the buggy paradigm for the long-term here in the US for thermal.However, Australian flooding and other items that choak int'l supply will help prices everywhere.Point is, after lunch, I am going to call Ms. Jennifer over at Arch and ask for Longview status (again). There is money to be made shipping but we have to get the distribution network up and running.
I am beyond being shocked and suprised that after a real bad day for this sector yesterday we are still falling. What a miserable sector this turn out to be.
Hey, the North Sea is about to go kaboom from a humungous gas leak, which has already reduced the flow of NG to England by 5%....so maybe they'll have to burn coal instead--look at the bright side!
something is wrong with my computer it is showing ACI is going up. I am going to run a virus scan right now...
As long as sellers keep selling at these low prices ACI will continue to drop.
Agreed. Listen to the "Oracle" ... don't sell until $36.99 ... don't sell until $36.99 ...Easy as that, no supply, demand inceases. Just like our little coal company.