Shale Gas Outcompetes Coal (IMAGE)
Caption
Data shows benchmark gas prices ('Henry Hub' prices) in the past four years to be cheaper than coal from Appalachia for over 88% of the months. Even the cheapest coal, in Wyoming's Powder River Basin, competes poorly in generating power in the great population centers east of the Mississippi once rail transport of $0.03 per ton-mile is considered.
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Courtesy of The electricity Journal
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