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from denver post      1-Nov-09 05:04 pm    
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my take is new coal plants are going to be hard to get started and "clean coal" when all is taken in consideration is a oxymoron to the greens.

with the abundance of natural gas and the switching, kinder should do very well.

being new in this investment i would appreciate any comments.

following from denver post


"GAS MOVES IN ON COAL
A precipitous decline in the price of natural gas has allowed electric utilities to use it to replace coal in their generating plants. Article 4 of 11 found
Mark Jaffe The Denver Post
October 23, 2009; Page B-05
Section: BUSINESS
Article ID: 1477524 -- 498 words
The off-a-cliff drop in natural-gas prices in the past 10 months created one bonus - it made gas cheap enough to grab some market share from coal.



Since late winter, electric utilities have been switching from coal to gas, said Robert Roth, the PIRA Energy Group's senior director for North American coal."


"Natural-gas prices fell more quickly than coal prices," he said. "That drove the fuel-switching."
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malomudry

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from denver post
malomudry (1 Rating) 1-Nov-09 05:04 pm  
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Kinder Morgan Energy Partners LP (KMP)

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