Category: Coal
The analysis published under this category are as follows.
Wednesday, May 28, 2008
Coal Appears to Have Completed Near-term Correction / Commodities / Coal
By: Mike_Paulenoff
As long as this morning's pullback low at 49.80 in the Market Vectors Coal ETF (NYSE: KOL) contains any forthcoming weakness, my pattern work is "warning" me that the KOL has completed a near-term correction within an otherwise still powerful bullish channel, and has turned up for a retest of the prior high at 54.00, likely on the way to new highs at 56.00.Read full article... Read full article...
Wednesday, April 09, 2008
Turning up the Heat on Coal Investing / Commodities / Coal
By: Roger_Conrad
Opponents of coal use are turning up the heat. This week, protests turned violent against a coal-fired plant being built in North Carolina by a unit of DUKE ENERGY.
Eight demonstrators from a group called “Rising Tide” were arrested after chaining themselves to construction equipment at the Cliffside facility. Others were stunned with Tasers and charged with trespassing, as police cleared the facility so work could resume.
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Sunday, November 18, 2007
COAL The Next Energy Resource Boom / Commodities / Coal
By: Elliot_H_Gue
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.
With a resource so vast, it may come as a surprise that the US isn't a major player in the global coal trade. After all, the nation ranks only seventh in terms of coal exports, exporting less than 20 percent as much as Australia, the world's largest coal exporter. In fact, US coal exports have been declining steadily since the late 1980s. (See the chart “US Coal Exports.”)
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Thursday, October 11, 2007
Investing in King Coal / Commodities / Coal
By: Yiannis_G_Mostrous
China is both the world's largest coal producer and its preeminent consumer. In 2006, Chinese coal production totaled more than 1,200 million metric tons of oil equivalent, and output has been growing rapidly in recent years. China's coal production is nearly double what it was at the beginning of this decade.It should come as little surprise that Chinese demand for coal will continue to surge in coming years. The country consumes vast quantities of both thermal coal and metallurgical (met) coal.
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Saturday, July 28, 2007
Great Time to Accumulate Quality Coal Stocks for the Long-term / Commodities / Coal
By: Elliot_H_Gue
We're now in the heart of earnings season for the energy patch. By and large, energy companies have reported impressive numbers, but there are some clear winners and losers.
Some of the losers this quarter were the coal stocks, which have seen unprecedented selling pressure during the past two weeks and haven't reacted well to their earnings releases. I think the weakness is vastly overdone.
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Thursday, June 28, 2007
Institutions See Opportunity in China's Coal Bed Methane Projects / Commodities / Coal
By: James_Finch
Why are institutional investors rushing to buy into foreign companies with CBM production-sharing contracts in China?
Earlier this month, tiny Hong-Kong listed Zhongyu Gas Holdings (Hong Kong Stock Code: 8070) announced a number of ‘leading institutions' had participated in its latest round of financings to develop the company's coalbed methane (CBM) resources in China.
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Saturday, June 16, 2007
Washington's Gift to Coal as Democrats Plan to Subsidise Coal Industry / Commodities / Coal
By: Elliot_H_Gue
When the Democrats took control of Congress at the beginning of 2007, many investors assumed coal would become a dirty word. After all, although the abundant fuel has many advantages, limiting pollution and carbon-dioxide emissions isn't one of them.
And Democrats have placed the global warming issue among their top priorities. The rhetoric out of Washington strongly suggests that Congress would like to pass some sort of federal carbon regulation or cap-and-trade scheme eventually.
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Monday, June 11, 2007
Bullish Signs for King Coal / Commodities / Coal
By: Elliot_H_Gue
Coal is far and away the world's most-important source of electric power and has been for decades. There are two good reasons for this:
Coal is more abundant than oil or gas, and it's cheap.
Coal is a greater pollutant than either natural gas or emission-free nuclear power. But new scrubbing technologies and plant designs can minimize that pollution. And there's no way the world could replace all its coal-fired plant capacity in any reasonable time frame.
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