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Arch Coal Inc. Message Board

  • kingforadayortwo kingforadayortwo Dec 7, 2012 8:56 AM Flag

    Coal Companies Lost 93 Million Tons Worth of Demand in 2012 Due to Warmer Temperatures and Cheap Natural Gas

    NEW YORK, NY--(Marketwire - Dec 7, 2012) - The coal mining industry has experienced major struggles in 2012 as warm temperatures and the emergence of natural gas as a cheaper alternative have caused demand for the commodity to plummet. The Market Vectors-Coal ETF (KOL) has fallen 25 percent year-to-date. The Paragon Report examines investing opportunities in the Coal Industry and provides equity research on Alpha Natural Resources, Inc. ( NYSE : ANR ) and James River Coal Company ( NASDAQ : JRCC ).

    Looks like a drop as the market opens.....more good news for coal!
    Demand continues to drop every year!!! More good news for coal!

    Sentiment: Strong Sell

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    • Did you get your MED this morning BO's slave? Go get your MED and crawl back to your cages or under bridges with theworldshortview somone will handout you foodstamp and welfare check from your pucking king BO you worship blindly boy.

      Sentiment: Hold