The rest of that article title ends with "2012"... as in... Cheap Natural Gas and Warm Temperatures Caused Coal Demand to Decline in 2012". This is a past tense headline. The implication of lowered demand = lowered production = lower inventory. If you read current headlines they are saying natural gas prices are headed higher and demand for coal from China and other asian nations is growing. Lower coal stocks, reduced production rates, reduced workforce + improving demand trend = higher coal prices. If you continue to live in a lagging world of investment information and neglect coincident and leading indicators.... you will continue to lose money. Research and make wise investments. Smart money is long.