[at Financial Times] - New Hope Corp, the Australian thermal coal company, has abandoned plans for a A$6bn ($6.4bn) sale after a five-month auction failed to draw a bid. … [Read more...]
Why 'The Cyclone' Wouldn't Exist Without Coal Mining [Design]
February 29, 2012 By
# design Humans are strange, thrill-seeking creatures. We crave not just a thrill, but something so terrifying that we think, if only for a moment, that we might not actually survive. For those of us not ready for base jumping in wing suits, roller coasters can fulfill that excitement lust. And the amusement park fixtures may never have existed if not for something decidedly unthrilling (though ... … [Read more...]
Obama’s Double Game on Fossil Fuels
February 29, 2012 By
San Diego Union-Tribune When it comes to evaluating President Barack Obama and the continuing surge in the cost of gasoline, a fair starting point is what administration officials have said on the topic. It is a matter of record that Energy Secretary Stephen Chu used to say that “we have to figure out how to boost the price of gasoline to the levels in Europe” – which are about double the U.S. level. While Chu disowned his comments before taking office, his policy prescriptions didn’t … [Read more...]
On Energy, President Obama is Out of Touch
February 29, 2012 By
As recent reports have noted, gasoline prices are on course to hit $4 a gallon by summertime — more than doubling since President Obama took office in January 2009 and marking a record high for February. Higher prices at the gas pump hurt families and small businesses in Missouri and nationwide, delaying much-needed job creation and threatening our economic recovery. Unfortunately, the Obama administration recently brushed off Americans’ concern over rising gas prices as a product of media … [Read more...]
Is Energy the Last Good Issue for Republicans?
February 29, 2012 By
By Joel Kotkin, for the Daily Beast The divide between the fossil-fuel industry and the green movement is increasingly dividing the country by region, class, and culture. With gas prices beginning their summer spike to what could be record highs, President Obama in recent days has gone out of his way to sound reassuring on energy, seeming to approve an oil pipeline to Oklahoma this week after earlier approving leases for drilling in Alaska. Yet few in the energy industry trust the … [Read more...]
ALPHA NATURAL RESOURCES, INC. Files SEC form 10-K, Annual Report
February 29, 2012 By
EPA’s Greenhouse Gas Rules Are Illegal, Opponents Tell Appeals Court Panel
February 29, 2012 By
Analysts say Consol cut is necessary
February 29, 2012 By
Consol Energy's decision to cut back coal mining operations as demand for coal remains weak is drawing support from two analysts who rate the stock as a "Buy." … [Read more...]
Coal Mining Prospects On Walden's Ridge
February 28, 2012 By
A $153 million underground coal mining investment could lead to 300 jobs in the Rhea County area. Iron Properties has been laying the groundwork to dig two mines; one off Upper Cove Road near Dayton and the other off Ogden Road near the Rhea/Bledsoe County line. … [Read more...]