Environment & Energy

mahatmakanejeeves

(70,724 posts) Tue May 10, 2022, 03:52 PM May 2022

'They've absolutely exploded:' Coal investors win triple-digit US stock gains

'They've absolutely exploded': Certain investors have seen a lot of potential in US coal company stocks in recent months. The potential payoff for those that timed it right could be huge:

spglobal.com
'They've absolutely exploded:' Coal investors win triple-digit US stock gains
The once beleaguered sector is seeing share prices swell as investors expect demand to continue to pressure a tight supply situation.

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'They've absolutely exploded:' Coal investors win triple-digit US stock gains (Original Post) mahatmakanejeeves May 2022 OP

Listened to bigshot investor today predicting economic disaster. His advice? Invest in fossil fuels. Midnight Writer May 2022 #1

As a replacement for Russian natural gas? hunter May 2022 #2

Midnight Writer

(25,746 posts)

1. Listened to bigshot investor today predicting economic disaster. His advice? Invest in fossil fuels.

Reply to mahatmakanejeeves (Original post)

Tue May 10, 2022, 08:08 PM

May 2022

He says they are recession-proof.

hunter

(40,852 posts)

2. As a replacement for Russian natural gas?

Reply to mahatmakanejeeves (Original post)

Tue May 10, 2022, 09:56 PM

May 2022

I'm sure there's some really filthy coal plants in Europe about to be restarted...

LONDON (Reuters) -Ukraine said on Tuesday it would suspend the flow of gas through a transit point which it said delivers almost a third of the fuel piped from Russia to Europe through Ukraine, blaming Moscow for the move and saying it would move the flows elsewhere.

GTSOU, which operates Ukraine's gas system, said it would suspend flows via the Sokhranivka route from Wednesday, declaring "force majeure", a clause invoked when a business is hit by something beyond its control.

--more--

https://www.democraticunderground.com/10142914811

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