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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.
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