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TAKING THE PULSE: With natural gas prices hovering near 10-year lows, investors have fled coal companies, pushing the Dow Jones U.S. Coal Index down by more than half in the past year.To Moody's Investors Service, the gas glut heralds a sea change. "Coal will find it increasingly difficult to compete with gas as a power source over the next decade," Moody's analyst Jim Hempstead said this month, as the rating firm projected a wide shift to exports. Demand from Asia is still high.Others think the outlook isn't quite so dire. Analysts at FBR Capital Markets believe that most power plants capable of switching to natural gas have already done so. Some coal producers are cutting their output, which could raise prices down the line.This month marks the two-year anniversary of an accident that killed 29 miners at the Massey Energy Co.'s Upper Big Branch mine in West Virginia--the worst U.S. mining disaster in four decades.COMPANIES TO WATCH: Peabody Energy Corp. (BTU) - reports April 19Wall S...
Crews try to ventilate dangerous gas
Daughter of 62-year-old miner killed in West Virginia mine blast on tragedy
WASHINGTON -(Dow Jones)- The number of miners who died on the job more than doubled in 2010, with 29 of the fatalities occurring at Massey Energy Corp.'s (MEE) Upper...
(Reuters) - Energy production and distribution is adangerous business, in spite of strict safety regulations inmost countries in North and South America for oil and ...
(Reuters) - Energy production and distribution is a dangerousbusiness, in spite of strict safety regulations in most countries in North andSouth America for oil and ...
West Virginia University law professor Patrick McGinley on whether more government regulation will come out of the mine explosion .
Shares of Massey Energy (MEE) dropped nearly 10% on Tuesday after the company confirmed an explosion at one of its West Virginia mines on Monday.The coal producer co...
A former superintendent of the Upper Big Branch Mine, site of a 2010 explosion that killed 29 workers, pleaded guilty Thursday, according to the federal prosecutor h...
The former superintendent of Massey Energy Co.'s (MEE) Upper Big Branch mine that collapsed in West Virginia last year has pleaded guilty to federal fraud charges, T...
A coal miner was fatally injured in an Alpha Natural Resources Inc mine in West Virginia over the weekend, the company said on Monday.It said the man was struck by m...
Rep. Nick Rahall on mining disaster, proposed safety legislation
FBN’s Robert Gray on the government saying it is fully prepared to fight the Gulf of Mexico oil spill and on the U.S. economy growing for the third straight quarter.
We take a look at whether the market is headed for a pullback.
Dangerous levels of methane gas hampering rescue
