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What coal CEOs are saying entering 2013

Posted on 05 March 2013

Coal has been beaten up in the media and the markets over the past year or so. Being outspoken against coal has been made easy by cheaper, cleaner-burning natural gas, which has been produced in abundance here in the United States recently.
To tackle reductions in both demand and price, coal companies in the U.S. were forced to curtail production and capital spending in preparation for future production. Entering 2013, could the coal market finally have found a trough? To help answer that question, I turned to the conference calls of some of the biggest players in the business to see what their CEO’s had to say………………………………………..Full Article: Source


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VRS - who has written 39476 posts on Opalesque Commodities Briefing.


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