InvestorsHub Logo
Post# of 1286
Next 10
Followers 107
Posts 11084
Boards Moderated 8
Alias Born 07/16/2005

Re: MWM post# 1258

Friday, 11/07/2008 11:45:24 AM

Friday, November 07, 2008 11:45:24 AM

Post# of 1286
coal: a finite resource is being consumed like no tomorrow to generate electricity

* Coal shipments make up half of all rail traffic in the country

* Arch Coal: Our single mine of Black Thunder produces more energy every year, or every day, than the North Slope of Alaska

* Every 24 hours, we'll have approximately 35 miles of trains loaded with Black Thunder coal

* There are 600 coal-fired power plants in the country

* Fifty-two percent of all electricity consumed in America comes from coal.

* Coal is the rock that built America. It was the engine of the industrial revolution. We should all be very grateful for all the miracles of modern life that coal has brought to us.

* Our electric needs in this country, according to the federal government, are going to increase 41 percent between now and 2020

* China is building two new coal plants here every week.

* America desperately needs to burn not less coal, but more.

* Coal is the resource that generates half of our electricity at a third the cost of most other fuels. It's the fuel that powers our way of life.


Read more: #msg-33404238








Black Thunder Coal Mine, WY, USA
the largest producer of coal in North America

Solar Stocks #board-11148
Peak Oil #board-6609
Coal #board-2809
Real Estate Bubble #board-7285
Lender Implosion #board-10076
HomeBuilders #board-1680
Your Economy #board-1948
Global Warming #board-11877

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.