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Strategies & Market Trends : Galapagos Islands

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To: Oral Roberts who wrote (56794)1/5/2009 2:15:35 PM
From: Jorj X Mckie1 Recommendation  Read Replies (1) of 57110
 
Like you said on JP's thread (with a slight modification) 'we are the Saudi Arabia of coal'.

There are coal reserves in Russia that are substantial, but they are not easily reached. The U.S. has 250 years worth of coal reserves that are easy to get to.

This coal seam at the Black Thunder coal mine is 60' thick. And the overburden is about 150' thick. This translates into easily mined coal (which means "cheap")
picasaweb.google.com

Some coal seams in Wyoming are as much as 120' thick.

Very little particulate matter goes up the smoke stacks anymore. If you see white smoke coming out of the stacks it is water vapor (with CO2). The particulate matter or fly ash is precipitated out electrostatically and is dealt with as solid waste (and sometimes used as a raw material for building). Of course, the TVA has had an issue recently with a fly ash reservoir that broke through a dike and polluted a river.

Energy independence isn't just about protecting our economy, it is really a homeland security issue too. Hopefully Obama will see that taking an antagonistic stance with the coal industry is not in the best interests of the country from both an economic and homeland security point of view.
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