There is no shortage!
freetown fred wrote:
Ouch, outstanding post my friend. People don't think nor mostly understand reality until it bitch slaps them personaly. But, as usual, time will tell & the perverbial weed out process will begin.
If you don't believe me call the mine of your choice and tell them you'll be there tomorrow for 30 tons and see what they say. The problems are in the supply chain and end user. I'll start from the mine. The equipment used to transport coal is just a "little" different than hauling rock and freight, you need a really big body made from aluminum to transport enough to make it profitable. Next is the dealer that sells it. He needs to buy and sell a lot to stay in business, that's why almost every coal dealer has something else going on. He sells hardware, has a body shop or garden center, something to pay the bills. Some of them, the old timers especially are retiring or just plain run out of money. And last but not least, the customer. These morons always wait until the last minute to buy the stuff........ when they absolutely need it! That's why we get these shortage threads every year when it turns cold. This year it's the Chinese. Sure, they bought some anthracite this summer but I doubt it was for energy. Why pay $155 a ton when you can get bit for 1/3 the price? More than likely it was for water filtration.
I was at a mine on Thursday, one trailer dump was being loaded when I got there, a tri-axle dump came in when I was leaving. There were thousands of tons of the stuff everywhere you looked. There is no shortage, it's just a comedy of errors to get some of it.