Saturday, September 29, 2012

Supply and Demand Dynamics

(9/29/2012)
When China was heavily investing in the infrastructure and factory expansion, US coal industry had a good time exporting coal to China. Now, China is confronting an economic soft landing (if lucky), and those good old days for US coal might be gone for a while. Probably only a high fuel price can help those coal miners.
Powder River Basin supplies 40 percent of coal in the United States

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