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coal investing

Coal Mining Stocks Drop on Concerns Over Demand

Written by Investing News Network
|
Apr. 13, 2012 02:19PM PST

The Street reported that shares of coal companies fell on speculation that demand would sink.

The Street reported that shares of coal companies fell on speculation that demand would sink.

As quoted in the market news:

The coal industry also continues to face challenges as power plants switch to natural gas from coal to take advantage of the lower-priced fuel for generating electricity. Natural gas prices have fallen sharply because of a production boom and weak demand during the mild winter.

Click here to read the full Street report.

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