Cool summer could push U.S. coal consumption below 600 million tons—analysts

first_imgCool summer could push U.S. coal consumption below 600 million tons—analysts FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):Industry analysts told S&P Global Market Intelligence a projected cooler summer across much of the U.S. could challenge an already struggling coal industry by muting domestic utility demand for the commodity. Coupled with weakening European and Asian thermal coal pricing, a cooler summer resulting in lower energy demand could weigh on the U.S. coal sector, the analysts said.“Every year is important for this industry,” said B. Riley FBR analyst Lucas Pipes. “I think it’s probably fair to say that given the weakness in the seaborne market at this time, stronger domestic demand is maybe more important than let’s say last year because if the export market should continue to stay challenging at current pricing levels, clearly producers have to look more towards the domestic market to balance their sales books.”Todd Crawford, senior meteorologist for IBM Business’ The Weather Company, told S&P Global Market Intelligence that he projects there will be about 9.5% less energy demand on average across the country year over year. Crawford said heavy rain and flooding in the Midwest this spring will likely result in a cooler summer, noting that temperatures in the region and into the Northwest have remained two or three degrees below average in recent weeks. He added the Southeast may have a slightly warmer summer than normal but not a significant increase.“As we look through June, we don’t see a lot of heat through the major population centers, energy demand centers, of the eastern U.S.,” Crawford said. “If there’s any big heat going on in June, it’s going to be of the [Pacific] Northwest.”Andy Blumenfeld, head of Market Analytics at Doyle Trading Consultants LLC, said some power demand data is already reflecting the effect of cooler temperatures heading into the summer. Though the U.S. had strong energy demand this winter, it has declined significantly more recently. Blumenfeld said he thinks coal burn will decrease significantly this year compared with 2018, dropping by much as 40 million tons to less than 600 million tons, a record low over the last several decades.Blumenfeld added the potential for increased summer demand from the international market could help domestic producers, given the increased use of air conditioning in other nations outside the U.S., especially in Asia. “If we do see a spike in demand that certainly will help, so that’s possibly a good-news scenario that comes out of this,” he said, “but so far we’re not seeing it in the forward pricing to a great degree. There is some upward lift, but it’s still pretty low.”More ($): Cooler summer may limit domestic opportunities for struggling coal sectorlast_img read more

Michael Essien reveals Jose Mourinho was worried he would leave Chelsea for Arsenal before Real Madrid move

first_imgMichael Essien reveals Jose Mourinho was worried he would leave Chelsea for Arsenal before Real Madrid move Michael Essien made 35 appearances during his loan spell at Real Madrid (Getty Images)‘I joined my teammates on the pitch but some of them had heard the news that I was going to Madrid. Some of them also asked what was going on so obviously I had to tell them. ‘I explained to them that this deal came up and I had to return to the hotel to finish the paperwork. So in coming back to pick my boots I had to tell them goodbye.‘After the ceremony we went back to the dressing room where I properly wished them goodbye. I just took my shin pads and boots and that’s it. More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘I said bye to everyone including [Roman] Abramovich and he wished me good luck and then I went back to the hotel. The next day I was on a plane to Madrid.‘I went to Madrid with just my boots, shin pads, a pair of jeans and a shirt and my Chelsea tracksuit. ‘I got to the airport Jose was there waiting for me. He greeted me and I went to the hospital to undergo my medical and the next day I started training.’AdvertisementFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram. For more stories like this, check our sport page. Metro Sport ReporterTuesday 19 May 2020 10:53 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link2.3kShares Advertisement Jose Mourinho and Michael Essien won the Premier League together at Chelsea (AFP via Getty Images)‘We started talking and he said, ‘I heard you’re on your way to Arsenal’. But I told him it’s not true. I had not heard anything from Arsenal. Then he said don’t go to Arsenal, come to me and I asked him where, and he said Real Madrid so I told him I’m ready.‘It was the last day of the transfer window and he said okay give me your agent’s number. I told him I’m ready even if it means I have to leave in the midst of the Super Cup game and he said Lassana Diarra was supposed to move to Russia so if he accepts to go then they will process my transfer and I told him, ‘okay, I’m waiting, just chilling in my room’. He said give me a couple hours I’ll call back and I said cool.‘My agent called after a few hours and said what happened and I told him I spoke to Jose about moving to Madrid and said he gave Jose my number. He told me to relax because Madrid will come and I just said okay.‘Lassana accepted to move to Russia so then we had to change our plans because we were about to leave the hotel to the stadium to play Atletico Madrid. Real Madrid were doing their with my agent and I was in the bus as we were about to leave to the stadium. Michael Essien joined Real Madrid on a loan deal from Chelsea (Real Madrid)‘It was even going and my agent called me and said, ‘where are you?’ and I told him we’re on our way to the stadium. ‘He said come back to the hotel I’m coming there. He said he had to send some fax to some people so I had to shout at the bus driver to stop like some mad man.AdvertisementAdvertisement‘All my teammates were looking at me like, ‘Michael what’s going on?’. I told them I needed to get off the bus and I’ll see you guys later.‘So anyway the bus stopped and I went back to the hotel to wait for my agent. My agent came and sent the fax and thankfully everything got finalised on time. ‘I told him I have to go to the stadium because at least I had to pick my boots so we got to the stadium but then they had finished the match. Jose Mourinho made a last-ditch attempt to sign Michael Essien from Chelsea (Getty)Michael Essien has revealed that Jose Mourinho was worried that Arsenal would sign him from Chelsea before his surprise loan move to Real Madrid.Essien joined Chelsea in a £24.4 million deal from Lyon in 2005 and played a key role in Jose Mourinho’s midfield as he won the Premier League title in his first season at Stamford Bridge.The Ghana international spent seven seasons at Chelsea before he was reunited with Mourinho at Madrid for the 2012-13 campaign.But before Essien’s switch to the Spanish capital, Mourinho mistakenly believed that the midfielder was heading to Arsenal and was desperate to convince him to move to La Liga.AdvertisementAdvertisementADVERTISEMENT‘I was with Chelsea in Monaco for the Super Cup and a strange number called me but I didn’t want to answer it but my cousin who was in the room with me that day told me to pick it up,’ Essien said in an Instagram live with Carol Tshabalala.‘The number kept calling so I picked and as soon as I said hello and another hello came from the other end and I realised who was on the phone so I told my cousin it’s Jose Mourinho. Advertisement Commentlast_img read more

Let kids play, says group wanting to raise school age

first_imgNZ Herald 13 Sept 2013Formal schooling in Britain should be delayed until the age of 6 or 7 because early education is causing “profound damage” to children, an influential lobby of almost 130 experts warns.Traditional lessons should be put on hold for up to two years amid fears that successive governments have promoted a “too much, too soon” culture in schools and nurseries, it is claimed.In a letter to the Daily Telegraph, the group of academics, teachers, authors and charity leaders call for a fundamental reassessment of national policies on early education.It is claimed the present system robs infants of the ability to play and puts too much emphasis on formal learning at a young age. The letter warns the Government is ratcheting up the requirements with policies that prioritise “school readiness” over free play.This includes the possible introduction of a new baseline test for 5-year-olds in England and qualifications for childcare staff that make little reference to learning through play, they say.http://www.nzherald.co.nz/world/news/article.cfm?c_id=2&objectid=11124009last_img read more

Racing Post revamps football display window ahead of Russia 2018

first_img Share In time for World Cup 2018, the Racing Post has relaunched its new ‘Football Tipster Display’ window, fully revamped for retail betting environments and developed to drive consumer engagements with client football markets.Racing Post’s B2B division states that the new tipster display window will be the perfect companion for retail bookmakers handling heightened football action during Russia 2018.Redeveloping its football market display for modern retail consumers, the Racing Post seeks to engage betting shop punters with live opinions and information on football markets.The new window can be configured to show information including Key Stats, Predictions, Spotlights, Form, Team News and the Racing Post Verdict.Furthermore, Racing Post clients will be able to adapt the Football Tipster Display to show certain matches and utilise the content for their most relevant to their offering.For punters, the new window allows for greater functionality through its custom view format, which can display multiple tips betting markets on a single screen.In addition, the new window will be able to ‘summarise coupons’, helping in-store customers build bets and accumulators.Beyond Russia 2018, the Racing Post details that its Football Tipster Display will cover 20 football competitions including the English Premier League, La Liga. UEFA Champions League and UEFA Europa League. Submit Related Articles Spotlight delivers Racing Post translated services for Pari-Engineering Russia August 26, 2020 Share Spotlight Sports takes over MansionBet blog  June 18, 2020 StumbleUpon Spotlight ups matchday commentary reach and capacity for new EPL Season  August 21, 2020last_img read more

Las Vegas Police Officer Shot Amid George Floyd Protests

first_imgLAS VEGAS (AP) — An officer has been shot in Las Vegas and authorities are responding to another shooting as people protest the killing of George Floyd in Minneapolis, authorities said.The officer was shot in the area of the Las Vegas Strip and an officer was involved in a shooting in the downtown area, the Las Vegas Metropolitan Police Department reported early Tuesday.Protesters have been rallying for days across the country over the death of George Floyd, who was seen on video pleading that he couldn’t breathe with a white police officer pressing his knee into his neck for several minutes before he stopped moving.Police in Las Vegas said Monday that 338 people were arrested during three nights of protests. Officers used tear gas and pepper balls to disperse crowds late Saturday downtown and Sunday on the Las Vegas Strip.Police said suspects were jailed despite a local court policy calling for most people accused of misdemeanor crimes to receive court summonses instead of time behind bars to help prevent the spread of the new coronavirus.last_img read more