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    coal investing

    Appalachia Faces Steep Coal Decline

    Investing News Network
    Sep. 27, 2011 04:23PM PST
    Industrial Metals

    Forbes reported that Appalachian coal is becoming more difficult to mine.

    Forbes reported that Appalachian coal is becoming more difficult to mine.

    The market news is quoted as saying:

    Coal here is getting harder and costlier to dig – and the region, which includes southern West Virginia, Virginia and Tennessee, is headed for a huge collapse in coal production. The U.S. Department of Energy projects that in a little more than three years, the amount of coal mined here will be just half of what it was in 2008. That’s a significant loss of a signature Appalachian industry, and the jobs that come with it.

    To read the full market news, click here.

    coal investing
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