Tid-Bit re: Future Price of COAL ..

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Tid-Bit re: Future Price of COAL ..

posted on Feb 07, 2011 04:20PM

Daniel Rice, manager of the $1.5-billion Black Rock Energy & Resources Fund, told Bloomberg News in an interview a month ago that he expects an expanding global economy to push oil prices above $100 (U.S.) a barrel this year and, as a result, shares of oil and gas companies may rise 25 per cent to 30 per cent while >> coal stocks could double.

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