Could be in trouble

Just talked to my coal supplier. They said we could face a coal shortage this year because China just got back into the coal market heavy. I guess the coal plants here have decided to sell a lot of the bulk to China. Conrail is hauling in extra coal cars from out west because there aren't enough here to move the amount of coal be distributed over seas! Gotta love it, Obama bashes the coal industry (lie an idiot) so China dives on bd to reap the rewards of our coal, causing shortages here. Coal is now $215 a ton from what my supplier said and it has made 3 jumps since August!!! Stock up now if you got the room.....Unfortunately I dont so i will try to burn on the cold stretches and use my heat pump on the warmer stretches!!!

I thought they burned bit coal, not anthracite.

I know in a 2009 report==China is real big into wind turbines & has many nuke plants--but--80% of it's elec is coal generated--remember--this was over a yr ago--I too am pretty sure they use BIT, as do we for the big elec plants

I spoke with kimmel's last week and they are going up 10.00 a ton Nov 1 due to increased demand from overseas orders. Fuel oil is up 10-15 cents a gallon here in Jersey. The fat cats on Wall ST are going to shove it to us. Thanks... BO

If this is indeed true it is but one more insult to the average American trying to get by.Nothing will surprise me, as greed has no boundry and government operates on paid allegence. Mike

just for the record--just got off the phone w/ a friend at Blaschak--they hadn't heard anything about it

called Casey-Kassa today just the normal 10 up a ton after the summer its 145 a ton now pickup and did not here a thing on the coal shortage

Careful spreading rumors. If true, it is another low blow, but if just talk.......

China used to get their coal from Australia. I am hoping what my supplier said wasn't true. I am calling Blaschalk tomorrow to double check. if I find out the supplier is gouging me will have a serious discussion! I will be on tomorrow with an update of my conversations...