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    coal-investing

    U.S. Coal Prices Gain in Powder River Basin

    Investing News Network
    Dec. 13, 2010 11:06AM PST
    Industrial Metals Investing

    Bloomberg.com reports that , as the weather has turned colder, and demand has increased, U.S. coal prices rose in Wyoming’s Powder River Basin

    Bloomberg.com reports that , as the weather has turned colder, and demand has increased, U.S. coal prices rose in Wyoming’s Powder River Basin.

    The story is quoted as saying:

    The fuel rose 15 cents, or 1.1 percent, to $13.40 a ton in the Powder River Basin, which holds the largest and least expensive reserves of coal in the U.S., an Energy Department report showed today, its first gain since Nov. 12. Coal was unchanged in Central and Northern Appalachia at $71.15 and $69.50 a ton, respectively

    To access the full story, click here.

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