News Focus
News Focus
Followers 107
Posts 8728
Boards Moderated 0
Alias Born 07/20/2006

Re: J-RO post# 63

Saturday, 03/22/2008 2:56:30 AM

Saturday, March 22, 2008 2:56:30 AM

Post# of 662
Here's another link showing how nat gas as a source for powerplant fuel is worthwhile compared to coal with nat gas prices in the $7 range. This company has proven to be fairly profitable even with nat gas prices in the $6s-$7s.
Of course if nat gas prices go much higher, it becomes less cost effective for nat gas. But that would mean better profit marigns so there's some balancing:

http://pepei.pennnet.com/Articles/Article_Display.cfm?Section=ARTCL&PUBLICATION_ID=6&ARTICLE_ID=313198&C=Depar

I don't mind stealing bread from the mouths of decadence... But I can't feed on the powerless when my cup's already overfilled.
-Temple of the Dog


"We didn't build this company on the sniff of an oily rag."
-Anonymous

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MXC News