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COPYRIGHT 2005 Voxant Inc.
Original Source: CNBC/DOW JONES BUSINESS VIDEO ANALYST INTERVIEW
MICHELLE CARUSO-CABRERA, CNBC ANCHOR: Well, despite record highs in coal prices, congested rail lines and soaring energy costs have some investors concerned over the red hot sector. Our next guest says these negatives can actually be a positive catalyst for the industry. Here now with his coal strategy is David Khani, managing director and energy analyst at Friedman Billings Ramsey, and he joins us from Washington.
Good to see you, David.
DAVID KHANI, MANAGING DIRECTOR & ENERGY ANALYST, FRIEDMAN BILLINGS RAMSEY: Thank you for having me.
CARUSO-CABRERA: I noticed that you have just raised your expectations on the price of coal for 2005 and 2006. What...
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