This is an intriguing theory that needs to be explored. Does anyone have any intel that would support Mr Stevens' theory? Thanks.
Dwayne - perhaps your could write something for Seeking Alpha that discusses Ben Stevens' theory that Arch's coal properties harbor natural gas fields under them. How about you two collaborating on an article?!
Maybe you should write an article for Seeking Alpha on this subject. It might force Arch to address the issue if it receives some commentary or attention from, say, a CNBC analyst for example.
Looks bad on the financial statements.
This is why Greenies have changed the meme from "Global Warming" to "Climate Change." Now, any change to the climate can be blamed on demon CO2, and the attacks on the American coal industry can continue unabated.
Coal exports help to ameliorate the trade deficit of the United States. Greenies wish to destroy the coal industry, thus worsening the trade deficit of the United States. Is this not a threat to the economic health and security of the United States?
Given that the Greenie agenda is to destroy the American coal industry and exchange cheap coal-generated energy with expensive, unproven, un-economic "green" alternatives, is it unreasonable to say that Greenies are attempting to undermine the economic foundation of America? Is this not treason?
The Patriot Act defines domestic terrorism as activities intended to "intimidate or coerce a civilian population; to influence the policy of a government by intimidation or coercion." By that definition, are not the Greenies attempting to intimidate the government of the United States with threats to destroy the coal industry of America by using the coercive power of specious climate change arguments?
I wonder, what is the cost of the negative externality of a coal alternative such as nuclear energy? I'm thinking the "externality" of Fukushima is gonna be orders of magnitude larger than the "externality" of coal. Yet Greenies will embrace nuclear energy over coal, as nukes don't throw off that demon, CO2.
But it is a damnable hope, that PAL's fortunes would hinge on South Africa's misfortunes.
Naturally, PAL is down! LOL
If the EPA could be pressured to impose restrictive bureaucratic regulations on fracking, NG would easily go above $5.
The Greenies have powerful friends who despise coal for political reasons. The climate change argument is a red herring - ANY climate conditions can be pointed to by the Greenies and argued that it is the fault of CO2 and evil coal. The underlying attack is not a scientific argument, but a political one.
Uptab, I think you may be underestimating the power of the Greenies. They have powerful (for the moment) friends in high places.