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Old 06-30-2012, 10:37 AM
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Chad-1stGen Chad-1stGen is offline
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If you are thinking about investing in coal or wondering why it's getting hammered then I have three words for you: cheap natural gas.

I don't know anything about coal or investing in coal. However, if you pay attention to all of the news on Fracking i would only invest in coal if fracking starts to get shutdown due to all the environmental concerns.

Otherwise fracking could end up being the nemesis of coal. I read the following line in a recent news article about natural gas

Quote:
Eighty percent of future electricity generating capacity is expected to be from natural gas and many coal-fired plants may be shifted to gas. The market incentives are already there and jobs are flourishing.
Not only is natural gas cheap right now but it burns far cleaner than coal in power plants.

Just my .02
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