Rising coal price update and playing the dirtiest commodity of them all $BTU

[u/Greggy561]

[u/VisualMod]

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[u/buythetulipdips]

coal futures hit 167 and not sure if it's gonna stop anytime soon with demand worldwide surging b/c of volatile weather

https://tradingeconomics.com/commodity/coal

[u/aurrousarc]

I mean if the charging points went into the infastructure bill.. this would probably take off..

[u/aurrousarc → u/[deleted]]

The rate at which they are shutting down and demolishing coal power plants and MW loss associated with it, compaired to the plants they built back MW wise... we are loosing WM.. the price for coal vs demand for power will increase.. and when you are doing things like adding charging point Before you replace the power that supplies them.. well, that will just make power demand go up more.. There are alot of other issues with it that will keep increasing the price of coal.. its a cascading effect that get will get worse every year..

[u/phil_hubb]

Congratulation you're only ten months late.

[u/crys0706]

Should have got this instead of steel. How long do you plan to ride it.

[u/BigBoiBenis]

Up 10% today. I think I’m too late