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Politics : The Environmentalist Thread

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To: Wharf Rat who wrote (21200)4/14/2008 2:23:53 AM
From: mistermj  Read Replies (1) of 36917
 
Good...we can trade our coal for India's cheap engineers...and they can help us figure out how to mine more coal. ;-)

U.S. again becoming a major coal exporter

By Clifford Krauss Published: March 19, 2008


These days, people really are taking coals to Newcastle.

That flow is part of a vast reorganization of the global coal trade that is making the United States a major exporter for the first time in years and helping to drive up domestic prices of the one fossil fuel it has in abundance.

Coal has long been a cheap and plentiful fuel source for utilities and their customers, helping to keep electric bills in the United States relatively low. But rising worldwide demand is turning U.S. coal into another hot global commodity, with domestic buyers having to compete with buyers from countries like Germany and Japan.

iht.com
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