We could soon see how important coal is to the production of electricity in the US - despite the mothballing and de-commissioning of many coal-fired power plants, it still remains a very significant portion of the power generation mix. And while many plants are located close to the mines or receive their coal by barge, many others get coal shipped by rail. If these two giant railroads go on strike, the supply of coal to many plants is threatened.
Stockpiles of coal at plants isn't nearly as big as it used to be even 10 short years ago, so the lack of shipment is more of a threat than it would normally be.
And large terminal companies Like Kinder-Morgan have been buying up Ohio River barge landings for the last decade...controlling pricing to a degree.
***Stockpiles of coal at plants isn’t nearly as big as it used to be even 10 short years ago, so the lack of shipment is more of a threat than it would normally be.
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A lot of petroleum product around here gets shipped by rail too, even more so since pipelines weren’t built or were shut down...
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