Sunday, September 26, 2010
ARLP competes in the Industrial Metals & Minerals industry with BHP Billiton Ltd. (BHP) [Chart - Analysis - News]---the largest firm in the industry group---and Massey Energy Co. (MEE) [Chart - Analysis - News], who have returned 10.43% and -6.72% during the past month, respectively. ARLP is likely to be sensitive to its competitors so future weakness in the Industrial Metals & Minerals industry could be an early warning sign that things might be turning around.
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The election is coming up and there are two canditates running for Senator. How does Alliance feel about these two candidates? One of them supports cap and trade. How will this affect the coal mines if it gets passed?
ReplyDeleteCap and trade would be devestating to all coal affiliated industries and consumers of coal fired energy. A cap and trade system would allow the government to auction off permits to emit greenhouse gases, including carbon dioxide. An estimated $650 billion would be raised by the auctions, leading to higher energy prices for consumers.
ReplyDeleteCoal company executives are considering whether to launch an industry-funded campaign organization aimed at defeating Kentucky Democrats Jack Conway and Ben Chandler and others deemed to be “anti-coal.”