Price of coal

Price of coal

PostBy: bcdex On: Fri Feb 17, 2017 7:58 pm

With Trump getting the coal mines up and running again, do you think it will drop the price of coal any for us?
bcdex
 
Hand Fed Coal Boiler: DS 100 Coal/Wood bolier


Re: Price of coal

PostBy: Doby On: Fri Feb 17, 2017 8:13 pm

no the cost of mining, wages,,transportation will remain the same, demand will fluctuate price some and demand is down and so is price, can't see it going much lower and it should not
Doby
 
Hot Air Coal Stoker Stove: Alaska Kast console and Alaska Channing III
Coal Size/Type: Rice
Other Heating: oil but not much

Re: Price of coal

PostBy: windyhill4.2 On: Fri Feb 17, 2017 8:42 pm

bcdex wrote:With Trump getting the coal mines up and running again, do you think it will drop the price of coal any for us?


Doby wrote:no the cost of mining, wages,,transportation will remain the same, demand will fluctuate price some and demand is down and so is price, can't see it going much lower and it should not


Doby pretty much said it all..

Not trying to be a smart alec,but when employee wages drop,maybe coal prices will drop too... :shock:

Nope,that won't happen . :)

Oil price goes up,coal mining costs go up too.
windyhill4.2
 
Stoker Coal Boiler: 1960 EFM520 installed in truck box
Hand Fed Coal Stove: Crane 404 with variable blower
Coal Size/Type: 404-nut, 520 rice ,anthracite for both

Re: Price of coal

PostBy: lsayre On: Sat Feb 18, 2017 4:40 am

My take is that if the worldwide demand for steel goes up, anthracite prices will go up. If steel demand remains depressed, anthracite prices will remain low.
lsayre
 
Stoker Coal Boiler: AHS S130 Coal Gun
Coal Size/Type: Blaschak Anthracite Pea
Other Heating: Resistance Boiler (13.5 KW)

Re: Price of coal

PostBy: KingCoal On: Sat Feb 18, 2017 8:35 am

bcdex wrote:With Trump getting the coal mines up and running again, do you think it will drop the price of coal any for us?


Nope, in fact, along with other factors, if this new $40.00 per ton carbon tax idea sticks EVERYTHING you use and eat is going to go up fairly dramatically.

in the case of coal, $135.00 a ton bulk anthracite nut will go up by just over 33% even if all other elated costs remain static.

if you intend to continue this coal based home economy I suggest you buy as much as you can as soon as you can.

then find and if nec. personally rebuild the most eff. heater for your application.

close up as many leaks in the envelope and add as much insulation as possible.
KingCoal
 
Hand Fed Coal Stove: 1- Warm Morning # 617A, 3-Locke Warm Morning #120, 1-Locke Warm Morning #524B
Baseburners & Antiques: 2014 DTS C17 Base Burner
Coal Size/Type: Nut Anth.
Other Heating: none