Obamanomics in a nutshell

[PWRLFT_EER]

https://www.americanprogress.org/is...rces-are-challenging-appalachian-coal-mining/

This report is a little more up-to-date and I think does a better job of explaining the issues, including the regulatory environment.

http://be.wvu.edu/bber/pdfs/Coal-Forecast-2015.pdf

 

[dave]

All the charts and graphs mean nothing when the operators shut down mines because it is too expensive to mine the coal for the price it sells. Natural gas has very little part of it because the gas is still in the ground.

 

[moe]

All the charts and graphs mean nothing when the operators shut down mines because it is too expensive to mine the coal for the price it sells. Natural gas has very little part of it because the gas is still in the ground.

You're rambling, are you drunk?

 

[dave]

You're rambling, are you drunk?

When you confuse simple economics for rambling you shouldnt accuse others of being drunk.

I think this subject may be too complicated for your lolz and irrelevant links.

 

[PWRLFT_EER]

All the charts and graphs mean nothing when the operators shut down mines because it is too expensive to mine the coal for the price it sells. Natural gas has very little part of it because the gas is still in the ground.

Why do you think thermal and met coal prices are so low exactly? Just curious to hear your opinion.

 

[moe]

When you confuse simple economics for rambling you shouldnt accuse others of being drunk.

I think this subject may be too complicated for your lolz and irrelevant links.

After reading your post, I was just giving you an out....Sorry about the charts, graphs and big words in the link, you're right, I shouldn't have done that.

 

[dave]

Why do you think thermal and met coal prices are so low exactly? Just curious to hear your opinion.

Not sure about met prices but now that coal fired plants have been forced to add scrubbers they can burn dirtier coal and meet standards so with more coal supply available it drives down the price. The dirtier coal is in bigger seams and can be easily longwalled. It is cheaper to mine so less effected by low prices so naturally it has been less affected by increased regulatory costs. That isnt all of it but that is why southern wv companies a e going down faster than other coal companies.

 

[moe]

Not sure about met prices but now that coal fired plants have been forced to add scrubbers they can burn dirtier coal and meet standards so with more coal supply available it drives down the price. The dirtier coal is in bigger seams and can be easily longwalled. It is cheaper to mine so less effected by low prices so naturally it has been less affected by increased regulatory costs. That isnt all of it but that is why southern wv companies a e going down faster than other coal companies.

Are you in the coal industry? I sure hope not.

 

[PWRLFT_EER]

Not sure about met prices but now that coal fired plants have been forced to add scrubbers they can burn dirtier coal and meet standards so with more coal supply available it drives down the price. The dirtier coal is in bigger seams and can be easily longwalled. It is cheaper to mine so less effected by low prices so naturally it has been less affected by increased regulatory costs. That isnt all of it but that is why southern wv companies a e going down faster than other coal companies.

Are you in the coal industry? I sure hope not.

His explanations I quoted here aren't that far off the mark, though there are other factors (global markets, geology, industrial use, etc) that come into play and complicate the issue.