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The market is rapidly moving away from coal, which has fueled Wyoming's economy for decades. State leaders are trying to stop the trend, but they haven't had much success.
The market is rapidly moving away from coal, which has fueled Wyoming's economy for decades. State leaders are trying to stop the trend, but they haven't had much success.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Cheaper natural gas prices are negative for coal producers, whose product competes against gas for electricity generation
The fundamentals that buoyed thermal coal stocks sharply higher this year are now unwinding.