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Coal... is it really time to give it up?
#6
The biggest thing hurting coal right now is Russia and China. Russia is mining coal like crazy and China isn't buying any.
Take it from a guy who is in the coal industry and has been for many years. Coal will only come back when 1. Natural gas either goes up or they tear into it for the environmental factors. 2. Deregulation. And 3. When idiots realize coal is the cheapest most efficient option to use for electricity. This will start happening when people get electric bills much higher than they should be. I averaged over a 100 more a month in the winter months this year.

But the biggest obstacle is if and when the country goes back to coal fired power plants. That's the biggest worry for me personally. Will they want to go back threw the hassle. There's a crap load of coal in these mountains and it will come back one day whether we have to sell it to China or burn it here. This environmental garbage is just a phase. It will die out.

And p.s. there were 130,000 big glaciers when al gore was born. Sadly, today, there are only 130,000 glaciers left :biglmao:
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Coal... is it really time to give it up? - by RunItUpTheGut - 04-15-2016, 07:13 PM

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