• 3 minutes Could Venezuela become a net oil importer?
  • 7 minutes Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 12 minutes Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 11 hours Oil prices going Up? NO!
  • 3 hours Renewables to generate 50% of worldwide electricity by 2050 (BNEF report)
  • 4 mins Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 2 days Could Venezuela become a net oil importer?
  • 3 hours The Tony Seba report
  • 2 days Gazprom Exports to EU Hit Record
  • 1 day Oil prices going down
  • 1 day Could oil demand collapse rapidly? Yup, sure could.
  • 19 mins Kenya Eyes 200+ Oil Wells
  • 2 days Oil Buyers Club
  • 7 hours Saudi Arabia turns to solar
  • 19 hours China’s Plastic Waste Ban Will Leave 111 Million Tons of Trash With Nowhere To Go
  • 13 hours Are Electric Vehicles Really Better For The Environment?
  • 1 day Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 2 days Russia's Energy Minister says Oil Prices Balanced at $75, so Wants to Increase OPEC + Russia Oil by 1.5 mbpd
  • 2 days EU Leaders Set To Prolong Russia Sanctions Again
Alt Text

Is Russia Helping North Korea Export Coal?

Three Western European intelligence sources…

Martin Tillier

Martin Tillier

More Info

Trending Discussions

Surprising Opportunities In Coal

Long term subscribers and those with a long memory may remember that back in August of last year I wrote a piece on coal stocks. At the time I described them as too risky for investors and suggested only one trade, shorting Westmorland Coal (WLB) which, at the time looked seriously overvalued. That trade worked out well as WLB fell from there, dropping around 40 percent until bottoming out earlier this month. That wasn’t the only coal stock to fall in that time. They pretty much all did, but now the risk/reward ratio has shifted enough to make investing in the sector worthwhile for those who don’t mind taking a risk.

The dramatic fall in WLB and others was, at least in part, due to the drop in oil prices, but that had another effect. While the cost of energy was not the point of those who railed against coal and other traditional energy forms, it did lend an economic argument to calls for greater restrictions on fossil fuels and more investment in alternatives. As prices have fallen, the case for transforming electricity generation around the world has seemed less urgent. That observation may be somewhat cynical and it may upset those committed to the environment, but it is a simple fact, and one that can be profited from.

Without regular demands for the effective destruction of the coal industry some existential risk has been removed, allowing potential investors to focus on a couple of relevant, more positive facts. According to the IEA, coal…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





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