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Coal Producers Still Smokin'; Amid oil crunch, cost-effective energy remains No. 1 source of electricity.(INDUSTRY SNAPSHOT)(COAL)
Byline: JED GRAHAM
If Saudi Arabia is the central bank of the world's oil industry, then the U.S. could be called the Federal Reserve of coal supplies.
And while that title might not carry the same cachet, the value of coal is surging. The near-term futures contract for a ton of Central Appalachian coal has climbed to more than $60 a ton from $28 in October 2002. That matches the rise in oil prices over the same span.
Just as with oil, galloping growth in India and China has helped put a strain on coal supplies that were taken for granted just a couple of years ago. But even after the price spike, coal remains a cost-effective way to produce ...
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...percent of U.S. natural gas production is coal bed methane. Most...for new sources of natural gas, perceived that the methane in the coal could be extracted...to the nation's natural gas supply. Coal bed methane gas has...
- GreatPoint Energy Announces Coal Supply Partnership with Peabody Energy and...
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...expect to jointly develop coal to natural gas manufacturing facilities...s technology to turn coal into natural gas, while capturing carbon, will provide a clean coal-based alternative to expensive natural gas imports, using Peabody...
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...term alternatives to help alleviate this natural gas crisis is tapping into America's vast coal reserves - through the use of competitive coal gasification technology - to reduce natural gas demand." Coal gasification, which uses a chemical process...
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- Magazine article from: The Energy Journal Bachmeier, Lance J. Griffin, James M. April 1, 2006 700+ words
...crude oil, coal, and natural gas markets. Our approach...On the other hand, coal prices at five trading...between Western and Eastern coals. Finally, we show that crude oil, coal, and natural gas markets are only very...
