OrediggerPoke
Well-known member
The current break-even point of natural gas production in the Marcellus is about between $1.90 /MMBtu and $2.10 / MMBtu. ...which is MUCH MUCH lower than the breakeven price for coalbed methane production.
dakarpoke said:Thought I would chime in here. Coal usage is being reduced, not eliminated. And right now Nat Gas prices are very low, with the huge increase in nat gas usage, prices aren't going to stay this low over time. Coal will certainly be very much in use in China, India and throughout the world for next 25 years. And the state of Wyoming does get a tremendous amount of tax revenue from coal, not to mention all the jobs associated with it. The EPA mandates setup by Obama have been stopped in court already. Exporting coal is a viable option that should be implemented. And we should let the market decide coals future, not lawyers and bureaucrats.
whyoh said:i feel like i remember reading a story recently about the inner most international shipping port on the west coast is actually in idaho.....at the end of a large river apparently
if that's true it could be helpful
Poke-proud said:It'll just be nice to have an adult in the White House who understands such things.