(Source: Motley Fool, January 25, 2013)
The coal industry has taken a beating in recent years. The discovery of natural gas in the U.S. has reduced the role of coal in the electric power industry: In 2012, the demand for coal has declined and coal companies, such as Arch Coal, have suffered from this drop in consumption. So, is it time to count out coal? I think this sentiment is premature.
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