ACI

We like domestic energy plays in the U.S, which means natural gas, coal, and oil in the Baaken and Gulf of Mexico.   They are all getting crushed on the China slow down syndrome but in reality currently ship little to China.  Exports represented 7.5 percent of production in 2010.  Natural gas exports were negligible. We bought come coal miners, Arch Coal, more Alpha Natural, Hess and Chevron. ANR reached a low of $16.80 in March of 2009.  We closed at $19.91 today down from $65 at the beginning of the year.  Arch Coal reached a 2009 low of $15.20.  It’s there again … Read more