• 6 minutes WTI @ 67.50, charts show $62.50 next
  • 14 minutes Saudi Fund Wants to Take Tesla Private?
  • 18 minutes California Solar Mandate Based on False Facts
  • 2 hours Starvation, horror in Venezuela
  • 6 hours Monsanto hit by $289 Million for cancerous weedkiller
  • 3 hours Anyone Worried About the Lira Dragging EVERYTHING Else Down?
  • 4 hours Oil prices---Tug of War: Sanctions vs. Trade War
  • 9 hours Why hydrogen economics is does not work
  • 4 hours Correlation does not equal causation, but they do tend to tango on occasion
  • 12 hours WTI @ 69.33 headed for $70s - $80s end of August
  • 4 hours Russia retaliate: Our Response to U.S. Sanctions Will Be Precise And Painful
  • 12 hours WSJ *still* refuses to acknowledge U.S. Shale Oil industry's horrible economics and debts
  • 14 hours Merkel, Putin to discuss Syria, Ukraine, Nord Stream 2
  • 17 hours What Turkey Sanctions Are Really About
  • 17 hours < sigh > $90 Oil Is A Very Real Possibility
  • 16 hours Saudi Production Cut or Demand Drop?
Alt Text

Gas Shortage Has China Backtracking On Coal Ban

China is backpedaling on major…

Alt Text

Thermal Coal Prices Are Soaring

With tight supply in key…

Alt Text

Is Russia Helping North Korea Export Coal?

Three Western European intelligence sources…

Dave Forest

Dave Forest

Dave is Managing Geologist of the Pierce Points Daily E-Letter.

More Info

Trending Discussions

India And China Vie For Coal Supply

India's coal-fired power sector is in trouble. As of yesterday, 30% of Indian coal-fueled plants were at "critical" levels of coal stockpiles.

And now India isn't the only major coal consuming nation facing a shortage.

Last week, China's Ministry of Railway announced it is desperately trying to get more supply to Chinese coal-fired power plants.

The Ministry is putting 2,614 more trains into service in order to deliver coal. Officials noted that coal stockpiles at 349 Chinese power plants have "dropped to the danger mark or even below it."

India's coal problems are driven by a flawed market and pricing structure. Some of China's problems are more temporary. Including an unusually cold winter, and recent government measures to conserve energy and reduce carbon emissions.

Nonetheless, the two super-nations are finding themselves going head-to-head for coal supply. Asia-shippable coal deposits are going to benefit.

Here's to moving those trains out.

By. Dave Forest of Notela Resources




Back to homepage

Trending Discussions


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News