Patriot Coal Sales Lower As Consumers Use More Natural Gas

Reuters reported that Patriot Coal (NYSE:PCX) is anticipating lower 2012 coal sales due to an increase in natural gas use.

As quoted in the market news:

Patriot Coal said it expects full-year sales volume of 25 million tons to 27 million tons, lower than 31.1 million tons it sold last year.

Click here to read the full Reuters report.