Home>Topics>>U.S. utilities seen burning more coal as prices decline
U.S. utilities seen burning more coal as prices decline
Reuters: Financials
Tue, 5 Mar 2013
March 5 (Reuters) - A recent increase in U.S. natural gas prices and a decline in coal is set to dent demand for gas as utilities use more coal to generate power, electricity traders said on Tuesday.
Jamie Buskill, CFO of Boardwalk Pipeline Partners, explains how the move from coal powered to naturalgas powered electricity generation will drive future gas volume growth.