HEllo all,
I was just reading this article, thought might worth sharing.
With rising oil prices ppl will look for alternate source of energy as natural gas, uranium and COAL.
In India and china they have more COAL based Power stations.I think rise in oil cost will result in more demand of coal i.e. increase in price.
http://www.abc.net.au/news/stories/2008/06/09/2268970.htm
Read somewhere, Hybrid car will be Electric Car (Thermal coal)
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63.0¢ |
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Mkt cap ! $173.3M |
Open | High | Low | Value | Volume |
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2 | 11475 | 0.610 |
3 | 21241 | 0.605 |
2 | 111650 | 0.600 |
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Price($) | Vol. | No. |
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0.635 | 10000 | 1 |
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