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Yes, I'm sure that demand for West Virginia's coal is perfectly elastic between US power plants also located in the Midwest and ones in India and Africa that ha
by dbhere 3y ago
Yes, I'm sure that demand for West Virginia's coal is perfectly elastic between US power plants also located in the Midwest and ones in India and Africa that haven't been built yet.
- htss2013 3y agoFossil fuels are priced on a global futures markets. Did you think Canadian oil producers exist in a vacuum where Qatari production, or Indian demand, has no effect on them? Whether Canadian oil actually makes it to India doesn't matter.
- dbhere 3y agoYou clearly know nothing about the coal trade.
- dang 3y agoHey, could you please review the site guidelines and stick to them when posting to HN? I'm afraid your comment here broke them rather badly. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html If you know more than someone else, that's great, but in that case please share some of what you know—without putdowns or snark—so the rest of us can learn: https://hn.algolia.com/?dateRange=all&page=0&prefix=true&sort=byDate&type=comment&query=share%20know%20learn%20by:dang https://hn.algolia.com/?dateRange=all&page=0&prefix=true&sor...