Bloomberg reported that the slump in European coal prices — the longest in at least eight years — looks set to end on the back of falling imports from the United States and production cuts in Russia and Poland.
China's "control coal" policy may not bode well for the United States, which plans to ship the fossil fuel to Asia via West Coast terminals.
The Wall Street Journal reported that although US Coal production fell 7 percent last year, coal output in the Illinois Basin is thriving and, primarily on the back of new technology, is expected to surpass that of Central Appalachia for the first time in the next few years.
What the "tree huggers" don't realize, says 321energy.com founder Bob Moriarty, is that "the BMWs they drive to anti-Keystone protests need fuel." But the pipeline supporters who expect that fuel to come from American sources are just as delusional, Moriarty asserts in his scathing interview with The Energy Report. That's why he's looking beyond North America for lucrative oil plays. Find out which international producers may be ideally positioned to supply an energy-hungry U.S., and why Moriarty believes oil should be taxed "to the limit."
Japan is joining Asia’s battle for coal resources. Who will benefit from the rush for new supply?
A brief overview of gas price developments, supply and demand and significant market movers.
The US is pushing to block coal exports as Japan and India compete for supply.
A brief overview of gas price developments, supply and demand and significant market movers.
A brief overview of gas price developments, supply and demand and significant market movers.
Can investors still make money investing in the beaten-up US coal sector?
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