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Alliance Resource Partners: Buried by Profits |
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| Jul 01, 2008 08:06 AM UTC |
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Tracked Blogger
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Via Long Investment Ideas from Seeking Alpha:
Reading the newspaper and reading the “green” headlines, you would almost believe that we’d be fossil free within years. The reality of the world’s energy situation is that we are barely keeping up with demand as it is. And demand is growing by the year. It’s not just the in the United States. Last year American producers exported 59 million tons of coal. Coal exports should increase to almost 80 million tons by the end of this year, and expectations are it will rise to 120 million tons within the next few years. 
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