Tropics heating up again, two potential storms on the near term horizon.
Choices – thanks, had not seen that, been thinking same re coal. U.S. prices have not taken a hit that would suggest coal demand is slacking off. That may be because it's hot in the U.S. and demand is supposed to be up significantly after a really poor year last year. Also, because domestic production is down. Torn on the group right now but it does look due a bounce.
Z-where do you think we are with the coal mkt currently=I was starting to look at coal stks, hammered of late, until I say this article-now, do not know-BDI also collapsing-thanks
http://www.bloomberg.com/news/2010-07-05/coal-discount-narrowing-in-china-may-cut-imports-prices-energy-markets.html
http://www.bloomberg.com/news/2010-07-05/coal-discount-narrowing-in-china-may-cut-imports-prices-energy-markets.html
hopefully, better link
Tropics heating up again, two potential storms on the near term horizon.
Choices – thanks, had not seen that, been thinking same re coal. U.S. prices have not taken a hit that would suggest coal demand is slacking off. That may be because it's hot in the U.S. and demand is supposed to be up significantly after a really poor year last year. Also, because domestic production is down. Torn on the group right now but it does look due a bounce.
Futures taking a beating already.
SSN deal oversubscribed, says to announce by how much soon.
http://finance.yahoo.com/news/Samson-Oil-amp-Gas-Share-bw-1000188643.html?x=0&.v=1