Showing posts with label Patriot Coal (PCX). Show all posts
Showing posts with label Patriot Coal (PCX). Show all posts

Monday, August 29, 2011

China's Pending Energy Crisis

As mature economies like the U.S. and Europe sputter postrecession, China has caught the world's attention as an economic power. The country's nearly double-digit growth is the envy -- and the concern -- of the traditional economic powers of the world.

One thing China needs to keep its economy clicking is fuel -- lots and lots of fuel. And for China, that's becoming an increasingly dangerous problem.