The Case Of The Vanishing Money And Attempted Murder Of U.S. Coal

Adam Feik - INO.com Contributor - Energies


Don’t look now! It’s a frightening scenario for investors with a stake in US coal.

Even as we speak, money is disintegrating. No one seems safe. It’s like a mass murderer is on the loose. Investors in both stocks and bonds of US coal companies are suffering profusely. Someone please! Stop the bleeding!

On Tuesday, Bloomberg reported this horrifying reality: “Two months after Peabody Energy Corp. raised $1 billion from the junk-bond market, buyers have lost 18 percent in market value as a slump in coal prices worsened.”

Bonds! People who bought Peabody’s 10% bonds have lost 18%! Continue reading "The Case Of The Vanishing Money And Attempted Murder Of U.S. Coal"

Coal and Shale Gas: American's Energy Siblings Are Locked in Rivalry

By Marin Katusa, Casey Research

Competition is supposed to make competitors stronger, but when it comes to the battle between coal and shale gas for supremacy as the United States' power-generating fuel of choice, the rivalry instead has each commodity holding the other down.

Coal is the reigning champ is this competition, having provided at least 50% of the electricity consumed in the United States for many decades. Continue reading "Coal and Shale Gas: American's Energy Siblings Are Locked in Rivalry"