WHC whitehaven coal limited

News: WHC UPDATE 1-Whitehaven Q3 ROM coal output up over 2%; Blackwater stake sale underway, page-4

  1. 110 Posts.
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    The US is a bit of an interesting case because natural gas is a byproduct of shale oil. So the effective extraction cost of natural gas there (from shale deposits) is zero. This is why natural gas prices in the US are so cheap and they are building so much LNG capacity. Also explains the rapid shift away from coal to gas in their electricity system (see https://ourworldindata.org/grapher/share-elec-by-source?country=~USA

    https://hotcopper.com.au/data/attachments/6147/6147463-f939632246f7526666d7d3fd6963a24f.jpg

    Compared to Australia
    https://hotcopper.com.au/data/attachments/6147/6147466-eaa1832db364a376763c1f12e4892efe.jpg




 
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