FEATURE: Better H2 expected by Illinois Basin coal producers following challenging Q2

摘要

Houston—Following a particularly distressing second quarter for Illinois Basin thermal coal producers, there is some hope for a better second half of the year, although little expectation of a return to strong coal demand. “We think the markets are approving,” Brent Bilsland, president and CEO of Hallador Energy, said on the company’s earnings call Aug. 8. With Henry Hub natural gas prices expected to rise over the next year to $2.75/MMBtu, he said on the call, “that tells us coal will be dispatching in front of natural gas.”