After the gas crunch in the 70's coal was going to be king. At least 11 coal fired power plants now going down in the NE. Many more to follow.
Where is the power going to come from after this? With possible problems in the GULF, we are approaching a perfect storm of energy problems. ......................................................................................................... Subject: partial list of coal fire power plants being shut down in the NE Plant / Location MWs Shutdown Date Elrama / PA 460 June 2012 N iles / OH 217 June 2012 Portland / PA 401 January 2015 Avon Lake / OH 732 April 2015 New Castle / PA 330 April 2015 Shawville / PA 597 April 2015 Titus / PA 243 April 2015 Glen Gardner / NJ 160 May 2015 Fisk Station City of Chicago Dec. 31, 2012 Crawford Station Illinois Dec 31, 2014. Homer City Units #1 and #2 may close 2400 MW Date not released http://investing.businessweek.com/research/stocks/news/article.asp?docKey=600-201203010207KRTRIB__BUSNEWS_21691_5480-1¶ms=timestamp||03/01/2012%202:07%20AM%20ET||headline||3%20more%20power%20plants%20set%20to%20close%20in%20W.Pa.%20%5BThe%20Pittsburgh%20Tribune-Review%5D||docSource||Knight%20Ridder/Tribune||provider||ACQUIREMEDIA||bridgesymbol||US;FE&ticker=FE:US