investors shouldn’t assume that the recent bout of fuel-switching marks the end of king coal. For one, two consecutive colder-than-average winters in 2009-10 and 2010-11 helped eliminate the utilities’ supply overhang in the wake of the financial crisis and Great Recession.
With the increased global momentum for mandatory disclosure rules on payment disclosure by oil, gas and mining companies, it's telling that competitiveness arguments largely haven't carried water with policy makers.
How high is the sky? Investors and traders, as well as junior explorers and proven producers, are trying to find out in the wake of Forest Oil's shale gas discoveries in Quebec's St. Lawrence Lowlands.