With oil cruising above $140 per barrel and natural gas at its highest levels since late 2005, it’s hard to imagine that there could be any energy-related sectors that aren’t flying higher. Read More
Energy Stocks
Coal is public enemy No. 1 for most environmental activist groups. Certainly, there’s some logic behind that opposition; after all, coal plants emit more sulphur dioxide, mercury and nitrous oxides than other fossil fuels. Read More
Back in March, the Bank of Canada (BoC) statement announcing a 50-basis-point interest-rate cut told of “clear signs that the US economy is likely to experience a deeper and more prolonged slowdown than had been projected in January.” Read More
A year ago, few investors wanted anything to do with the coal markets. Inventories of coal at US utilities were tight at the end of 2005, but a warm winter in 2005-06 changed all that: Inventories ballooned, and coal prices plummeted. Read More
The US is often called the Saudi Arabia of coal. And there’s a good reason for that: The nation has more than 27 percent of the world’s known coal reserves and some of the highest-quality deposits in the world. Read More
The US is often called the Saudi Arabia of coal. And there’s a good reason for that: The nation has more than 27 percent of the world’s known coal reserves and some of the highest-quality deposits in the world. That’s 90 billion metric tons more than Russia, the nation with the second-largest reserves. Read More