Consol sells off all 5 of its West Virginia coal operations

Consol sells off all 5 of its West Virginia coal operations

PostBy: lsayre On: Mon Nov 04, 2013 7:52 am

Consol Energy says the future is in natural gas, and coal will only be a subsidiary consideration going forward. For now it is holding on to its PA mines. Elsewhere I read that they are predicting that their natural gas business will grow by 30% annually, so that is why they are focusing upon it.

http://www.reuters.com/article/2013/10/ ... HO20131028
lsayre
 
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Re: Consol sells off all 5 of its West Virginia coal operations

PostBy: fifthg On: Mon Nov 04, 2013 11:59 am

murray energy is no doubt positioning itself for sale to the chinese,who will export the coal to themselves,thanks obama.we will have the coal,but china will own it
fifthg
 
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Re: Consol sells off all 5 of its West Virginia coal operations

PostBy: jpete On: Mon Nov 04, 2013 5:43 pm

If China bought the Treasury bills the we used to get loans from the Fed, don't they kind of own everything already?
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