U.S. Thermal Coal Outlook: Demand Projected to Rise in 2013, but Mine Idlings and Closures Continue, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwire) -- 12/05/12 -- Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- President Barack Obama was re-elected a month ago, but a frequent claim during the presidential campaign -- that Obama was waging a "war on coal" -- continues to echo throughout coal country. Tougher power plant regulations from the U.S. Environmental Protection Agency (EPA) (Washington, D.C.) have cut into demand for thermal coal by U.S. . But beyond tougher environmental regulation, coal's woes today also stem from a combination of factors: low natural gas prices, slow U.S. economic growth, geologic reality, extraction economics, and softening demand for coal in rapidly industrializing countries like China and India.
Other companies featured: (NYSE:CNX), (NYSE:BTU), (NYSE:ANR), (NYSE:JOY), (NYSE:CAT)
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Datum: 05.12.2012 - 05:15 Uhr
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News-ID 1177359
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