Posted On: 02/10/2014 2:16:02 PM
Post# of 1456
U.S. utilities seen burning more coal due high gas prices
Jan 30 (Reuters) - The recent increase in U.S. natural gas prices is expected to dent demand for gas as utilities use more coal to generate power, electricity traders said on Thursday. The cold weather and heavy heating demand so far this winter has pushed gas prices to four-year highs earlier this week. ref: http://www.reuters.com/article/2014/01/30/uti...WQ20140130
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