There’s no denying the worldwide recession has led to global cutbacks in the demand for most commodities, coal included. Coal producers like Peabody Energy have been forced to curtail production as demand slumps from both the steel industry and the energy sector.
The new president’s inaugural address had the attention of both renewable energy supporters and the coal industry as he addressed topic of climate change. The Obama administration is expected to usher in a new age of greener politics and that has many in the coal industry nervous.
Alliance Resource Partners, L.P. and Alliance Holdings GP, L.P. announced that Joseph W. Craft, III, President and Chief Executive Officer, will make a presentation at the 1st Annual Raymond James Coal Investors Conference in New York City at approximately 8:30 a.m. Eastern time on Thursday, December 4, 2008. For full story, click here
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