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    coal investing

    Lower Demand Prompts Patriot coal to Idle Another Mine

    Investing News Network
    Feb. 02, 2012 03:15PM PST
    Industrial Metals

    Reuters reported that Patriot Coal (NYSE:PCX) will idle another mine as consumers switch to natural gas energy.

    Reuters reported that Patriot Coal (NYSE:PCX) will idle another mine as consumers switch to natural gas energy.

    As quoted in the market news:

    Clean-burning natural gas, whose prices had recently plunged to their cheapest relative to coal since 2009, is fast emerging as a replacement to coal for power generation.

    Click here to read the full Reuters report.

    nyse:pcxnatural gas energycoal investing
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