Friday, February 08, 2008

king coal watch

More insight into why US Steel is planning on putting a billion (or two?) into the Clairton Coke works: The price of hard coking coking coal has doubled of late. From a few years ago, but a good overview of coal in the US economy these days was in Slate: The Big Sandy. Obscure economic indicators, Part 4: Central Appalachian Coal Futures.

And it was 30 years ago this week that the region was in the middle of a coal strike that was impacting electricity supply as well as industry throughout the US. I'd be curious if anyone has studied the state of labor relations in the coal industry of late.

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