Coal producers took a powder in the power generation game during the first half of the year as low-priced natural gas swooped in and captured market share, but an economic recovery could turn the tables again, according to analysts.
Swooped
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Recovery Could Reverse Gas-Fired Generation Gains
Coal producers took a powder in the power generation game during the first half of the year as low-priced natural gas swooped in and captured market share, but an economic recovery could turn the tables again, according to analysts at Raymond James & Associates Inc.
September 15, 2009
After Testing Higher, Futures Once Again Record a Loss
After recording a high of $6.610 on Monday, August natural gas futures swooped lower, giving notice that the bear move of the last few weeks might have a little more fuel left in the tanks. The prompt month notched a low of $6.390 before going on to settle at $6.410, down 3.4 cents from Friday’s close.
July 10, 2007
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