Powder River Basin coal on the rebound? - KOTA Territory News

Powder River Basin coal on the rebound?

Posted:

Wyoming's coal industry could be on the rebound, as the summer heats up and we all try to cool down.
 
Alpha Natural Resources president Steve Rennell said he's hopeful coal prices will head back up now that natural gas prices are increasing.

If the summer stays warm, people will need more energy to keep cool, and he said that will draw-down the stockpiles that are helping keep coal prices low.
 
But he adds the heat would need to be sustained, in order to drive coal prices back up in the long run.

Powered by WorldNow

518 St. Joseph St.
Rapid City, SD 57701

Telephone: 605.342.2000
Fax: 605.342.7305

Couldn't find what you were looking for?
Powered by WorldNow
All content © Copyright 2000 - WorldNow and KOTA. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.