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Re: sambeaux post# 2672

Sunday, 01/17/2021 2:28:10 PM

Sunday, January 17, 2021 2:28:10 PM

Post# of 3266
Sam, Not sure how to answer that question. In order to have a better educated guess, One would have to have things stabilize (politically and industrially) to some degree to fully answer.

These facts I am certain about.

Coal will always be needed.

China, India and other large Asian countries have no limits to buying and using coal for energy consumption(s). (And they plan to buy and use more going forward).

The US has the largest coal and natural gas reserves in the world.

The US is the only country in the world that can be self sustaining due to our in depth abundant resources. No other country in the world can make this claim.

(In other words, the US can live (survive) without help or resources from any other country. That claim cannot be made the other way around).

Any company post (PR) is always subject to revisions. Businesses and industries go through cycles, but if cycles change for a substitute and it does not pan out (can't fully deliver) or needs assistance from the "old" product or service, the cycle will come full circle back to "old reliable" which usually corrects the situation.

Hence the phrase "History Always Repeats Itself". So true : )

Remember the recent re-mergence of natural gas? The new jingle goes like this: "The New Natural Gas". So if natural gas is still billions of years old, and we had already been using it, what is so new about it other than a "New Marketing Effort" or product "cycle" because it has again now became cheaper to produce then coal, and more affordable to consumers. Right?

I suspect "COAL" at some point will re-emerge as the "New Clean Coal Energy" as substitute fuels rise too high, and the New Coal" price falls below "The New Natural Gas" and "The New Green Energy".

There are already signs (cracks) of that with the green energy. Green modes are unreliable (not enough-supply) and not cost effective pricing cannot be affordable or delivered to the masses.

IMO), Overtime, product and service pricing, consumer choices, existing inventories and substitutes return will the old and proven methods and modes return to economies of scales and reposition their positions or regain their dominance.

Suffice it to say: If it's not broke, Don't fix it. Or some of the old ways will always be the best ; )

Hope I helped with some food for thought.

Things are not always what they seem!

GO-COAL
GO-NATURAL GAS
GO-C02
GO-WOOD
GO-OIL







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