Friday, September 14, 2012

What happens if the dams fail?

One thing is that Pittsburgh will lose its single biggest international export

We've been through this before.   Yes, the biggest international export (measured by $ value and most certainly by tonnage) from the greater Pittsburgh region is coal.  The same hard black stuff that we have been exporting for going on 3 centuries I figure. New Pittsburgh, meet original Pittsburgh.  There really is little new in the big picture.  It is about the oldest news story there can be in Pittsburgh. 

Yet not everything is as it has been in the past.  The news angle of late is the growing battle between natural gas and coal.  Coal is pretty scared of the long term future despite the record export levels of late.  Most know that the coal industry is even channeling the shale folks in creating the meta organization and hiring a prominent state senator to lead it. He is already out there making the "don't forget me" talk.  Strange thinking that after 3 centuries all of a sudden coal needs a collectivist corporate spokesperson, but such is the world these days.

Remember just before the news became all-shale-all-the-time?  Just a few years ago the coal industry was pushing the envelope to fill a growing need for workers. A very different tack on that than the folks who parachuted in to start the shale wave.  Speaking of whom: whoops.

Strike the title.  It is not what happens if the dams fail.... it's what happens if any one dam fails. 

2 Comments:

Anonymous Anonymous said...

Also check out the natural gas exports. Went from nearly nothing, to $4m, to $22m...

Friday, September 14, 2012 11:32:00 AM  
Anonymous MN said...

You're actually reading the O-R?

Wednesday, September 19, 2012 11:29:00 AM  

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