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Alliance Resource Partners LP Message Board

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  • perham1 perham1 Feb 9, 2009 1:28 PM Flag

    The negative case

    1. You are right about this
    2. Spot price is dropping but ARLP has long term contracts. They missed the huge run up last year but will benefit when new contract prices go into effect in 2009. Contract prices are still below current spot market price. ARLP did not gouge customers when spot price was up. Customers will return the favor and live by signed contracts in the future.
    3. There is political opposition but coal cannot be replaced in the foreseeable future. As the economy tanks natural gas peaker plants shut down, not baseloaded coal plants. Prospects look great for at least the next couple of years and longer.

    I actually have AHGP which benefits more as earnings grow.

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