Why investors worship Old King Coal

…Oil attracts the anger and the ink, but coal, mined here in the U.S., has joined the club of rudimentary resources blessed by the energy crisis.

What we are paying up for is the dirtiest fossil fuel in the ground, infamous for wielding a heavy hand in the planet


Coal provides about half the electricity in the United States, though not in California, where natural gas, another fossil fuel, claims a larger share. Nuclear power contributes 20% of the U.S. power total. Hydroelectric has a small role, while solar and wind — sorry, environmentalists — thus far account for less than 1% of the total. These wannabes are doing everything they can, including stalking the halls of Congress, to outmaneuver the out-of-favor incumbent.

Coal