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Arch Coal Inc. Message Board

  • go4invest go4invest Apr 21, 2013 3:10 AM Flag

    Coal will be alive and well because of so many reasons.

    - With rising in natural gas price, US utilities quickly switched back to coal.
    - China's coal imports rose 30% through March.
    - India's coal imports rose 25% in the first quarter allowing it to surpass Japan as the second largest thermal coal importer.
    - Japan has 3.6 gigawatts of coal-fueled generation forecast to come on line in the second half of the year.
    - Germany's coal generation soared 16% in the first quarter. The country plans to add 4 gigawatts of coal generation in 2013, the largest increase in over 20 years.
    - Global seaborne thermal demand is expected to rise approximately 50M tons in 2013 as 75 gigawatts of new coal generation are scheduled to come on line.
    - Within five years, over 450 gigawatts of new coal generation are projected to come on line, representing 1.4B tons of annual consumption.
    - Growing steel requirements to drive a 200 million ton increase in global metallurgical coal demand by 2017.

    Short term:
    Let the earth hires idiot obummer and his hireling kingonlyforadayortwo, do something so-called clean energy... and think natural gas shall substitute to coal. LOL

    Long term:
    Coal will prevail and longs will be prosperous.

    Sentiment: Strong Buy

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