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By Julie Johnsson and Naureen S. Malik, Bloomberg |
March 11, 2013
A glut of government-subsidized wind power may help accomplish a goal some environmentalists have sought for decades: kill off U.S. nuclear power plants while reducing reliance on electricity from burning coal.
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By Phil Flynn |
January 30, 2013
Oil prices are on the rise as the euro soars in a sign that traders believe the worst may be over in Europe and the Fed will continue to be accommodative.
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By Bloomberg News |
January 15, 2013
Goldman Sachs says its most preferred mining commodities this year are copper, palladium and metallurgical coal.
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By Phil Flynn |
December 19, 2012
Oil prices started to round off at the lower end of the trading range and started to make a decisive move higher just as Crude option volatility hits a low for the year.
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By Phil Flynn |
October 25, 2012
U.S. 2012 coal exports, supported by rising steam coal exports, are expected to break their previous record level of almost 113 million tons, set in 1981.
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By Sonja Elmquist, Bloomberg |
October 22, 2012
Peabody Energy Corp., the largest U.S. coal producer by volume, reported third-quarter earnings that beat analysts’ estimates after selling more coal from its mines in Australia and Wyoming’s Powder River Basin.
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By Canaccord Genuity Morning Coffee |
October 12, 2012
Shares of U.S.-based thermal coal producers surged after a lower-than-expected building in U.S. natural gas inventories caused a jump in the price of natural gas.
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By Canaccord Genuity Morning Coffee |
October 5, 2012
Shares of coal company stocks shot higher Thursday, following the U.S. presidential debate where candidate Mitt Romney expressed his support for the coal industry.
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By Phil Flynn |
September 19, 2012
Did you hear about the coal wars? Well they are running hot and heavy and up until recently, the long dominant cheap fuel coal had suddenly begun to lose its low price dominance to the up and coming cheap fuel, natural gas.
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By Canaccord Genuity Morning Coffee |
August 30, 2012
Joy Global cut its outlook for 2012 for the second time this year as slowing growth in China and Europe and low natural gas prices in the United States continued to hamper coal demand.