It’s not that natural gas is all that much less expensive as a fuel than coal…
It’s that with Obama’s all-out war on coal, it makes sense for utilities to switch to gas when possible.
The AP reports:
It’s not that natural gas is all that much less expensive as a fuel than coal…
It’s that with Obama’s all-out war on coal, it makes sense for utilities to switch to gas when possible.
The AP reports:
I wrote about that here: http://www.breitbart.com/big-government/2015/08/17/the-new-king-coal-george-soros/
Chris F
Can you expand on Soros’ coal purchases? I read recently that other supposed rich ecowarrior shad been buying failing coal co’s with the idea of selling ‘off shore’, which still causes CO2 but not against the US contribution. Just more Libtard Demorat cronyism!!!
C
Once the CO2 mass hysteria fades coal will be taken up again for electricity generation, and why not? Several hundred year supply in our back yard and it’s dirt cheap. Natural gas will only go up in price as massive amounts are used to generate electricity that weren’t being used before. Demand goes up, price goes up.
George Soros didn’t recently invest in coal because he thought it’s days were over.