I have two class mates that work in the coal industry. They both think the coal industry is dying from Federal regulations. Both are hoping it will survive long enough for them to retire and be able to draw a pension.
The EPA is the reason for the coal down turn in this country. I would NOT invest any money in a dying industry. The odds of losing it are too great. Even in good times coal related companies have been poor investments over the last fifty years or so. All it takes is one accident in one mine they own and the company tanks shortly after that. This is worse in tunnel mining but is also true with open pit mining too.
Natural gas is the darling of the moment. The backlash from the tree huggers and politicos is starting against it now. So investing in ANY energy company right now is too risky for me. Maybe if your a young person that can live through the current regulation storm maybe they will recover but I would not bet much money on it.
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Today's Featured Article - Chores - by Frank Young. The ceaseless passing of time! It is at once our friend and our enemy. It measures our progress and it makes us old. Like most features of our life, few things are all good or all bad, and most such judgments depend on our own perspective or viewpoint. In our particular hobby, we enjoy the nostalgic return to the days of our youth as we recreate many of the scenes that took place on the family farm that served as the stage for the first few acts of the play that is our live
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