August 6, 2012
By Frank Holmes, CEO and Chief Investment Office, U.S. Global Investors
According to a Reuters news report, coal's contribution to March U.S. power generation at 34.0% was at the lowest level since 1973. Low natural gas prices and record warm March weather led to coal's share in generation falling again to 34.0% and the natural gas share rising to 30.0%.
Source: This article was originally published in "China Eases the Way", by Frank Holmes, CEO and Chief Investment Office, U.S. Global Investors (Investor Alert, June 8, 2012.) www.usfunds.com.
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