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Post# of 253552
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Thursday, 04/15/2010 9:21:13 PM

Thursday, April 15, 2010 9:21:13 PM

Post# of 253552
Interesting OT: I was doing some bottom-fishing this morning and bought stock in a coal company. I learned this:

"Electricity demand has declined two consecutive years -- 2008 and 2009. This is the first time in well over 60 years electricity generation has declined in the US for two consecutive years. The significance is that 93% of coal consumed in the United States is consumed generating electricity. This decline has resulted in a decline in coal burn of 113 million tons."
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