Coal to Become More Attractive to U.S. Utilities

Industrial Metals

Reuters reported that due to the rising cost of natural gas, more U.S. utilities may be turning towards coal for power, according to electricity traders. As quoted in the market report: A recent increase in U.S. natural gas prices and a decline in coal is set to dent demand for gas as utilities use more […]

Reuters reported that due to the rising cost of natural gas, more U.S. utilities may be turning towards coal for power, according to electricity traders.

As quoted in the market report:

A recent increase in U.S. natural gas prices and a decline in coal is set to dent demand for gas as utilities use more coal to generate power, electricity traders said on Tuesday.

To view the whole Reuters report, click here

cost of natural gas Coal Investing