Fri, Aug 29, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Energy, Trends more

Coal fortunes are on the rise

Posted on 14 January 2013

While oil and gas producers were busy watching for the evolution of prices and supply and demand fundamentals for their commodities, coal fortunes have been on the rise and are likely to continue so. This is contrary to expectation due to the complex environmental problems of burning coal and the usually higher investment required for its use.
Between 1965 and 1972 world coal consumption rose by hardly 6 per cent while oil and gas consumption rose by almost 70 per cent each. The world seemed to be getting out of coal………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36685 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31