BTU will be the only U.S coal left standing in a few years!!!!!!! Others will join JRCC and PCX!!!!!!!!!!!
now...coal stocks turn around and burns long investors money for buying coal stocks!!!!!!!!! coal sure burning hot!!!! LOL
Under 4 will forced even more margin calls sell off, so shorts will likely drive WLT below 4 this week or next!!!!!!!!!!
China and India are buying coal from Australia...No need for U.S coal. U.S thermal coal is dead after today's EPA news!!!!!!!!!
solar will soon be cheaper than coals....everywhere and everything will bepowered solar.......home solar rooftop, solar windows, solar roads, solar cars, solar boats, solar tablet, laptop, cell phone.....solar will replace utility power grid.....solar takes over the world........endless usage....anything that needs power will be powered by Solar........except for submarine!!!!!!!!!! The future is all about Solar Power!!!!!!!!!!!!!!
With the EPA NEWS today, no one in the U.S will invest in building new coal-fired plant which will cost too much. You're right, they are going with NG and Solar energy!!!!!!!!!!!!!!!
By Matt DiLallo | More Articles | Save For Later
May 31, 2014
Barron's recently had an interesting piece about coal companies being on a long-term collision course with bankruptcy. The article pointed to research by an analyst that suggested while there is no near-term risk of bankruptcy, Arch Coal (NYSE: ACI ) , Peabody Energy (NYSE: BTU ) , and Alpha Natural Resources (NYSE: ANR ) were all on a long-term path that's heading in that direction.
The debt market is already worried
One of the issues that the article pointed out is the fact that the debt market is already worried about bankruptcy at Arch Coal and Alpha Natural Resources. The unsecured debt of both companies is currently trading at distressed levels of $0.70 to $0.80 on the dollar, with yields in the midteens.
On a more positive note both Alpha Natural Resources and Arch Coal currently have plenty of cash. Both boast a billion dollars in cash equivalents, which mutes any near-term risk. But that's only enough cash to last these companies about three years at the current burn rate. It's at that point that both could be facing a liquidity crisis that could lead to a possible bankruptcy.
Meanwhile, Peabody Energy is in a little better shape, though its debt load is still high. That still might have an impact on shareholders as one solution that could be on the table is that Peabody could sell shares to pare down its debt load. Unlike Arch Coal or Alpha Natural Resources, Peabody Energy could actually raise equity capital from the market.
Obama is the king coal now!!!!!!!!! LOL
it seems endless beating under this Admin.
WASHINGTON (AP) — The new pollution rule the Obama administration announces Monday will be a cornerstone of President Barack Obama's environmental legacy and arguably the most significant U.S. environmental regulation in decades.
WASHINGTON, June 2 (Reuters) - The United States on Monday formally announced a plan to slash carbon emissions from the power sector by 30 percent nationwide below 2005 levels by 2030, a key element of President Barack Obama's plan to tackle global warming.
The Environmental Protection Agency said the plan would cut particle pollution, nitrogen oxides, and sulfur dioxide by more than 25 percent, and reduce the instances of asthma attacks.
The proposal will include a flexible timeline for each U.S. state to submit plans to the federal agency. Plans are due in June 2016, with options to submit in two parts if more time is needed.
It's very SAD to see the end of coal in the U.S. Australia miners will benefits from U.S coal dying!!!!!!!!!
The Idaho couple are thinking up a way to pave the country's roadways with solar cells, rather than asphalt or concrete. The so-called Solar Roadways are an edgy idea that the entrepreneurs said could replace much of the need for traditional sources of generating electricity in the U.S., including coal-fired power plants.
And they aren't the only ones who see the potential for roadways to become alternative energy sources.
Volvo is working with the Swedish Transport Association to turn a stretch of roadway in the city of Gothenburg into a rolling battery charger that would be used by specially equipped electric buses for recharging. The concept could someday help eliminate the "range anxiety" that electric vehicle owners suffer due to the limited capacity of today's batteries.
"Years ago, when the phrase 'global warming' began gaining popularity, we started batting around the idea of replacing asphalt and concrete surfaces with solar panels that could be driven upon," according to the Solar Roadways website.
Translating that into a practical solution hasn't been easy, as it isn't as simple as taking solar cells off of a rooftop and burying them into the pavement. Scott Brusaw, who was trained as an electrical engineer, has come up with a hexagonal block that contains a solar cell protected by a thick glass cover. Add LEDs, and there would be no need to paint lines or messages on the roadway. Small heating elements could also be installed in colder climates.