Topic: Powder River Basin
Coal may be poised for a comeback in 2014 as natural gas prices rise and extreme cold push up electricity demand. But new EPA regulations and investor trepidation point to a structural decline for coal, Cunningham writes, not a cyclical one.
Coal companies in the US have been unable to compete with natural gas at home, Alic writes, but overseas this coal market is getting hotter by the minute.
Chesapeake Energy sells $6.9 billion worth of West Texas land and infrastructure. Chesapeake Energy is slashing debt to cope with the collapse in natural gas prices.
Beige Book is the Federal Reserve's periodic survey of economic conditions around the US.
10/21/2010 10:45 am