A friend wrote and suggested that I check the stock prices for coal companies in the wake of Thursday’s EPA decision.
Well looky here! As of Friday:
Peabody Energy Corp
Change: 2.40 (8.14%)
Arch Coal Inc
Change: 2.22 (12.28%)
Duke Energy Corp
Change: 0.47 (2.92%)
Couldn’t happen to a nicer industry.