uranium has a price peak and bubble coming
oil prices pretty high
gas prices pretty high
but for all of the above the investment / development / production path by which prices will ease is pretty clear (even if it may take some time)
coal is a different story… where is the new supply? a few rats and mice and that’s it.
the demand is fixed and rising all the way out to 2030. No one is switching off a coal-powered energy. No plants under construction are being cancelled. No developing nations are switching their investment plans
i can’t see coal returning to low prices for a long time… in fact I wouldn’t be surprised if over the next 15 years sentiment does a 180 and it becomes seen as a safe haven investment. It’s already happening refer a a few recent articles on gold vs alternatives
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