Tuesday, August 31, 2010
Why Alliance Resource Partners, L.P.
I currently work as a fuels analyst at Big Rivers Electric Corporation. In my position, I must keep abreast of the latest in the coal and utility industry. By creating a blog based on a coal company, I am able to stay aware of what is going on in the coal industry, itself.
Subscribe to:
Post Comments (Atom)
Cool graphic background. Love the steel industry - and coal is a big part of that. I am sure I will learn "tons" of information.
ReplyDeleteI currently know historical info -- I look forward to being brought into the 21st century.
Why did you choose Alliance as the coal company to follow?
ReplyDeleteI work as a fuels analyst at Big Rivers Electric Corporation. In my position, I purchase coal and must stay abreast of coal operations. By chosing a coal company, I can maintain knowledge of what is happening in the industry.
ReplyDeleteThere are risk factors in the in the external environment that pose a threat not only to ARLP, but also share holders. These risk factors include;
ReplyDelete•The amount of coal available on ARLP’s properties,
•Weather conditions,
•Proximity to and capacity of transportation facilities,
•Domestic and foreign governmental regulations, and taxes,
•Price and availability of alternative fuels,
•The effect of worldwide energy consumptions, and
•Economic conditions.
Sorry, My question was not very clear. I meant why did you choose Alliance Resources over some of the other coal mines in the area like for example Patriot? Does Alliance stand out to you in any particular way?
ReplyDeleteHow are weather conditions a risk factor to coal mines? I never associated the two as being related.
ReplyDeleteAshley, I do business with both Patriot Coal and Alliance. I chose Alliance because they seem to be more stable than Patriot at the moment. Patriot Coal, based out of St. Louis, has recently had major changes in their management team. I felt with myknowledge of the company and working relationship, it would be inappropriate to to base my blog on the company.
ReplyDeleteLandon, Weather is a major factor in the quality of coal. Excessive rain, or any parcipitation, can have a negative impact on the quality of coal. When coal is exposed to the elements of rain, the product soaks in the water. This causes the moisture of the coal to be high. In turn, it causes the BTU to drop. A British Thermal Unit (BTU) is the amount of heat energy needed to raise the temperature of one pound of water by one degree F. This is the standard measurement used to state the amount of energy that a fuel has as well as the amount of output of any heat generating device. The higher the BTU, the more energy is created. If BTU is substantially low, it requires more energy to burn than it creates.
ReplyDeleteThanks for the explanation Erin. I've learned something new today.
ReplyDelete