Natural Gas and Coal Seas

High storage masking ‘fundamentally balanced’ US natural gas market: FBR at Platts:

The record amount of US natural gas in storage is masking a “fundamentally balanced” gas market this year and one that will be under-supplied in 2013 and 2014, FBR Capital’s natural gas analyst said Friday.
“We estimate that the natural gas market is fundamentally balanced this year and [will be] under-supplied by 1.5 Bcf/d during 2013,” FBR’s Rehan Rashid said in a note to clients. 
“Without a significant increase in rig count during 2013, the market in 2014 could be under-supplied by 3.2 Bcf/d and cause storage to end 2014 at ultra low levels.”

Consultant: End of Central Appalachian coal mining is near at SNL.

Irony:  Coal Era Beckons for Europe as Carbon Giveaway Finishes at Business Week.

Continue to avoid coking coal:  Another Blow to Coal Stocks; Analyst Still Can’t See the Bottom at Barron’s.

“China is fast becoming a price setter for thermal coal after overtaking Japan as the world’s biggest importer of the fuel last year.”  WSJ

All signs point to Cloud Peak, in which I still do not have a position.  Well, almost all signs:

Coal fight looms, Keystone-like, over U.S. Northwest at Reuters.