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Response to DallasNE (Reply #3)

Sun Apr 29, 2012, 10:27 AM

10. Nice realism in your comment

And you are correct. Consumer spending is up by quite a lot less than the amount of the decrease in oil and gas.

In reading a report on railroad tonnage I saw a justification about decrease in tonnage saying that a portion was due to a large decrease in coal, and that the decrease in coal was due to a mild winter. I wonder about the accuracy of that. How much coal is used for heating in this country today? I would guess just about zero. Coal is used for generating electricity. How much is electricity used for heating? well, certainly some, but enough to justify that much of a drop in coal? Maybe, but I have my doubts.

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