To: ozzymandus
yep as noted upthread. Plus “research” probably means money going to Hill’s environmental friends who will collect millions, jet around giving speeches and doing faux research.
But Riady will make a killing.
47 posted on
11/05/2007 5:15:14 PM PST by
cajungirl
(no)
To: cajungirl
I've read about the Riady family and their Indonesian coal holdings vs. low sulfur coal in Utah but the development of the Wyoming Powder River Basin has proceeded apace since the late 1960s.
We have more than 300 years worth of low sulfur coal in the PRB and Hanna Basin in Montana. By the time we run short of this low sulfur bonanza, I suspect the sulfur (SO2) issue will have been solved and BTU content and location will dominate industry's view.
Just in the past few months, another railroad, CN, has aquired rights to haul PRB coal, so now BN and UP have some freight rate competition. This is a good thing.
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