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Peabody Energy Announces Organizational Changes in Operations … - Forbes
2008-06-06 06:14:00 ST. LOUIS, June 4 /PRNewswire-FirstCall/ — Peabody Energy (NYSE: BTU) today announced organizational changes in the management of its U.S. coal operations to meet ongoing growth needs and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: Engineers Voice
The Weekly Carboholic: US coal exports boost electricity prices and China?s
2008-03-26 14:30:00 According to the New York Times, the U.S. has begun exporting coal to countries like Japan, Germany, India, and China. In the process, our domestic coal prices have risen more, percentage rise, than oil prices have risen over the last year. And the reason we’re voluntarily increasing the prices of our electricity and steel? Foreign demand and expected federal curbs on carbon dioxide (CO2) emissions have made the domestic markets risky, and foreign markets represent a growth opportunity. Put simply - higher profits. ?This export boom right now is the difference between slow growth in our markets and hyper-expansion in our markets,? said Gregory H. Boyce, chairman and chief executive of Peabody Energy, the world?s largest private coal company. ?You have two billion-plus people looking for a better standard of living. The world is energy-short and the U.S. coal sector is beginning to fill that gap.? Profit, properly understood, is a good thing. But profit at the cost of publ...
VENEZUELA: Peabody Shares Drop on Venezuela's Coal Takeover Plan
2007-08-16 23:31:00 Peabody Energy Corp., the world's largest... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
eNergy STOCKS: The stocks rise on tight gasoline supplies
2007-07-18 22:40:00 Energy stocks accelerated their gains Wednesday... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
Peabody Energy Misses Forecasts; Mulls Spin-Off of Appalachian Assets
2007-04-20 00:00:00 Related Stocks: BTU Peabody Energy Corp., the largest coal producer in the world, posted a 32% drop in Q1 net income on lower shipments, higher expenses and acquisition costs. The company countered its disappointing report with news that it is considering spinning off its assets in Appalachia to focus on the western U.S., China and Australia. Complete Story »
By: Commodity Wealth
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